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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
Smart ... Thanks!
Starfiew
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Yesterday
Thanks
Fleury
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2 hours ago
Helped a lot
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