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Firms following a Low-Liquidity Strategy have a minimal cash level (higher risk; higher return). This is most appropriate for firms with ______ cash flows and
Firms following a Low-Liquidity Strategy have a minimal cash level (higher risk; higher return).
This is most appropriate for firms with ______ cash flows and ______.
| profitable; low dividend payments |
| predictable; spare debt capacity |
| high but volatile; low dividend payments |
| steady; high credit rating |
| none of these 4 other choices |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
