23. Cash Management. Suppose that the rate of interest increases from 4% to 8% per year. Would...
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23. Cash Management. Suppose that the rate of interest increases from 4% to 8% per year. Would firms' cash balances go up or down relative to sales? Explain. (LOS)
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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