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    Financial Management Theory and Practice Study Set 4
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    Exam 28: Advanced Issues in Cash Management and Inventory Control
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    The Easier a Firm's Access to Borrowed Funds the Higher
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The Easier a Firm's Access to Borrowed Funds the Higher

Question 7

Question 7

True/False

The easier a firm's access to borrowed funds the higher its precautionary balances will be, in order to protect against sudden increases in interest rates.

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