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Use the Following Information to Answer the Question: If

Question 108

Multiple Choice

Use the following information to answer the question: Use the following information to answer the question: If the firm with the above figures reaches a cash position of $19,000, how many dollars worth of securities should it purchase to meet its target balance? A) $18,000 B) $ 4,000 C) $15,000 D) $19,000 If the firm with the above figures reaches a cash position of $19,000, how many dollars worth of securities should it purchase to meet its target balance?


A) $18,000
B) $ 4,000
C) $15,000
D) $19,000

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