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Good cash management boils down to a. investing excess funds at the most favorable interest rate and borrowing at the lowest rate when there is

Good cash management boils down to

a.

investing excess funds at the most favorable interest rate and borrowing at the lowest rate when there is a temporary cash shortage.

b.

investing excess funds at the lowest rate and borrowing at the highest rate when there is a temporary cash shortage.

c.

hedging currency exposure with judicious use of futures, forwards, and currency option contracts.

d.

none of the above

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