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Which of the following CANNOT be a reason for a company to purchase debt investments? Select an answer from the options below a. A company
Which of the following CANNOT be a reason for a company to purchase debt investments?
Select an answer from the options below
a. A company hopes to earn capital gains from selling these investments.
b. A company has seasonal fluctuations in its sales levels, resulting in idle cash until purchases are made for the next busy season.
c. A company hopes to influence another companys major decisions.
d. A company wishes to receive a higher interest rate for idle cash.
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