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Excess cash held by a firm should be Select one: a. Reirvested by the firm in projects offering rates of refurn higher than the cost

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Excess cash held by a firm should be Select one: a. Reirvested by the firm in projects offering rates of refurn higher than the cost of copital b. Reinvested by the firm in the financial markets C. Reinvested by the fim in projects offering the highest rate of return d. Distributed to shareholders in the form of dividends

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