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bklm1234 bklm1234
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4 months ago
The precautionary motive refers to

▸ a firm's motive to hold cash for insurance purposes.

▸ a firm's motive to hold cash to pay for damages.

▸ a firm's motive to hold cash in case of emergencies.

▸ a firm's motive to hold securities in case of emergencies.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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Aldrich E.Aldrich E.
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4 months ago
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bklm1234 Author
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4 months ago
this is exactly what I needed
sleinhi
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Brilliant ツ
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This site is awesome
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