A large firm may hold substantial cash balances because:
A) these balances are required by the bank in the form of compensating balances.
B) the company may have accounts in many different banks.
C) the company may have a very decentralized organization.
D) all of these options.
Correct Answer:
Verified
Q43: Which of the following is a real-time
Q44: A municipal variable rate demand bond (VRDB):
I.is
Q45: In the U.S.,small-value electronic transfers are made
Q46: If the short-term commercial paper rate is
Q47: The market for short-term investments is called
A)capital
Q51: A tax-paying corporation would prefer to invest
Q52: Floating-rate preferred stock offers competitive rates of
Q53: A repurchase agreement occurs when
A)a company agrees
Q53: Firms that receive a large volume of
Q58: Negotiable CDs are issued by
A)the U.S.government.
B)federal agencies.
C)banks.
D)corporations.
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