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Which of the following are legitimate financial reasons for holding marketable securities? Select one: a. Expansion of inventory for the summer selling season. b. Payment

Which of the following are legitimate financial reasons for holding marketable securities? Select one: a. Expansion of inventory for the summer selling season. b. Payment of dividends. c. The firm just sold long-term securities. d. All of the above. e. Only answers a and c above.

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