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Which of the following is true regarding cash management? A cost of holding cash is the liquidity it gives the firm. O The basic objective

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Which of the following is true regarding cash management? A cost of holding cash is the liquidity it gives the firm. O The basic objective in cash management is to keep the investment in cash as low as possible while still operating efficiently and effectively. Effective cash management results in minimization of the total interest earnings involved with holding cash. O A firm should decrease its cash holdings if the NPV of doing so is negative. O A cost of holding cash is the interest income earned on the outstanding cash balance

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