Multiple Choice
The three motives for holding cash are:
A) float reduction, precautionary, and speculative.
B) buffer stock, speculative, and transactional.
C) speculative, transactional, and precautionary.
D) float reduction, buffer stock, and transactional.
E) convenience, transactional, and precautionary.
Correct Answer:

Verified
Correct Answer:
Verified
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