A subsidiary of a Chinese multinational corporation set up in Thailand needs 10 million baht over a five-year period to invest in a new project

The eye. Thailand's five-year lending rate is 6%, 2% higher than in China, and the company expects the Thai baht to depreciate by at least 10% against the yuan in three years.

(1) Does the company invest in investment projects in the place where its subsidiary is located in Thailand?

(2) Is it more advantageous to invest in the parent company's equity?

(3) If China's income tax rate is 30%, and Thailand's income tax rate is 5% lower than China's, how sure is the financing decision of the project set?