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FallenOne FallenOne
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6 months ago
The transactions motive refers to

▸ the motive to hold cash that is required for a firm's long-term purchases.

▸ the motive to hold cash that is required for emergencies.

▸ the motive to hold cash that is required for purchases.

▸ the motive to hold cash that is required for a firm's normal operations.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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dangoondangoon
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