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2. A local snowmobile dealer has had an excellent fall and winter season. Inventory was purchased late in the summer, and almost all of it
2. A local snowmobile dealer has had an excellent fall and winter season. Inventory was purchased late in the summer, and almost all of it has sold with excellent profit margins. The company's cash balance is higher than it has ever been, and management is looking at investing the cash in fifteen-year corporate bonds issued by a company based in the UK. Discuss
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