9. Current investments [LO 19.3] For each of the short-term marketable securities given here, provide an example

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9. Current investments [LO 19.3] For each of the short-term marketable securities given here, provide an example of the potential disadvantages the investment has for meeting a company’s cash management goals:

1. Australian Treasury notes.

2. Ordinary shares.
3. Negotiable certificates of deposit (NCDs).
4. Commercial paper.

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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