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Excess cash held by a firm should be:Question 6 Answera.distributed to bondholders in the form of extra coupon payments.b . reinvested by the firm in

Excess cash held by a firm should be:Question

6

Answera.distributed to bondholders in the form of extra coupon payments.b

.

reinvested by the firm in projects offering the lowest rate of return.c

.

reinvested by the firm in the financial markets.d

.

reinvested by the firm in projects offering rates of return higher than the cost of capital.

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