Businesses hold short-term securities for which of the following reasons? Question 21 options:...

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Finance

Businesses hold short-term securities for which of the following reasons?
Question 21 options:
1)
As a substitute for cash
2)
As a temporary repository for cash being accumulated for a specific purpose
3)
As a long-term investment strategy
4)
Answers a. and b. are both correct
5)
Answers a., b., and c. are all correct

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