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Excess cash held by a firm should be Select one: O a. Reinvested by the firm in projects offering rates of return higher than the

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Excess cash held by a firm should be Select one: O a. Reinvested by the firm in projects offering rates of return higher than the cost of capital Ob Reinvested by the firm in the financial markets O c. Reinvested by the firm in projects offering the highest rate of return Od. Distributed to shareholders in the form of dividends

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