Missouri Company is a large publically-owned MNC that has only one foreign subsidiary. This subsidiary is in Switzerland where it generates large profits. The subsidiary remits most of its earnings to the parent each year. Missouri Company wants to use a financing strategy to reduce its exposure to exchange rate risk. Its local capital structure in Switzerland should be ______ intensive; its capital structure to finance its U.S. operations should be ______ debt-intensive than its capital structure that it plans to use in Switzerland.

a. equity; more
b. debt; more
c. debt; less
d. equity; less