The need to hold cash to take advantage of additional investment opportunities is called the:
A) Speculative motive.
B) Precautionary motive.
C) Transaction motive.
D) Float motive.
E) Compensating balances motive.
Correct Answer:
Verified
Q344: The firm's desired cash level as determined
Q352: Provide a definition for transaction motive.
Q353: Describe the various sources of float discussed
Q354: The present value of eliminating collection float
Q355: Provide a definition for precautionary motive.
Q357: The practice of and procedures for moving
Q358: Provide a definition for adjustment costs.
Q359: Which one of the following securities is
Q360: A negative net float indicates that:
A) Your
Q361: The growth of the Internet has increased
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