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bklm1234 bklm1234
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A month 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
Author:
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Aldrich E.Aldrich E.
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A month ago
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bklm1234 Author
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this is exactly what I needed
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Thanks
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This helped my grade so much Perfect
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