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Which of the following reasons best explains why a company that experiences seasonal fluctuations in sales may purchase investments in debt or stock securities? The

Which of the following reasons best explains why a company that experiences seasonal fluctuations in sales may purchase investments in debt or stock securities? The company may invest for the strategic reason of establishing a presence in a related industry. The company may generate a significant portion of its earnings from investment income. The company may invest for speculative reasons to increase the value in pension funds. The company may have excess cash

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