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A tiered investment strategy: A. Matches investment maturities to when cash will be needed B. Involves making investments of staggered durations C. Works best in

A tiered investment strategy:

A.

Matches investment maturities to when cash will be needed

B.

Involves making investments of staggered durations

C.

Works best in situations where there is minimal cash on hand

D.

Assumes some cash will be in continuous use and some will be in occasional use or has no planned usage

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Investments An Introduction

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