The ________ motive for holding cash is the need for a safety supply to act as a financial reserve ...

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The ________ motive for holding cash is the need for a safety supply to act as a financial reserve ...

The ________ motive for holding cash is the need for a safety supply to act as a financial reserve against unexpected events.
A) Transactional
B) Precautionary
C) Speculative
D) Intuitive

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Corporate Finance Online

Edition: 1^st

Authors: Eakins, McNally

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