Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. Suppose a firm has $100 million in excess cash. It could A. invest the funds in projects with positive NPVs. B. pay high dividends
2. Suppose a firm has $100 million in excess cash. It could A. invest the funds in projects with positive NPVs. B. pay high dividends to the shareholders. C. buy another firm. A do all of the options
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started