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Marketable securities can be used to satisfy a firm's () needs for cash I speculativeII precautionary III transactions IV compensating balance a. I and II

Marketable securities can be used to satisfy a firm's () needs for cash

I speculativeII precautionary

III transactions

IV compensating balance

a. I and II only

b. II and III only

c. III and IV only

d. I and IV only

e.I, II, III, and IV

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