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QUESTION 24 In regards to cash management it is believed that It is important to hold cash to meet day to day cash transaction needs.

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QUESTION 24 In regards to cash management it is believed that It is important to hold cash to meet day to day cash transaction needs. One of the costs of holding cash is the loss of possible investment opportunities. Holding cash is useful in case of unexpected emergencies. All of the above are true. QUESTION 25 In regards to marketable securities which of the following statements is true? O Treasure bills are considered to be the most risk free asset O Repurchase agreements are considered to be capital market instruments. Money market securities are long term investments. All of the above are false QUESTION 26 Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 26 Which of the following statements is correct 1. Growing perpetuity payments are always the same dollar amount. II: Perpetuity investments offer infinite payments. I only ll only OBoth 1 and 1 Neither I nor 11 Click Save and Submit to save and submit. Click Save All Answers to save all answers

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