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The cost of holding cash: A. is the opportunity cost of lost return. B. is zero because it is the most liquid and desirable asset.
The cost of holding cash:
A. is the opportunity cost of lost return. | ||
B. is zero because it is the most liquid and desirable asset. | ||
C. increases as cash holdings increase. | ||
D. Both is the opportunity cost of lost return; and is zero because it is the most liquid and desirable asset. | ||
E. Both is the opportunity cost of lost return and increases as cash holdings increase. |
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