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When companies have positive earnings and cash flows during the rapid expansion phase, management is most likely to: A. pay down debt. B. pay a
When companies have positive earnings and cash flows during the rapid expansion phase, management is most likely to:
| A. | pay down debt. | |
| B. | pay a special dividend. | |
| C. | reinvest in the company. |
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Monetary Policy Strategy
Authors: Frederic S. Mishkin
1st Edition
0262513374, 978-0262513371
