If a Firm Has Excess Cash That It Will Need

question 54

Multiple Choice

If a firm has excess cash that it will need after a period of four months, the financial manager may acquire
1) negotiable certificates of deposit
2) Treasury bills
3) commercial paper​

• A)​1 and 2
• B)​1 and 3
• C)​2 and 3
• D)​1, 2, and 3

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Definitions:

Critical Legal Studies

A school of thought that challenges and seeks to change mainstream legal practices and jurisprudence, focusing on social power dynamics, inequalities, and the arbitrary nature of laws.

Political Calculation

The process of making decisions within the political realm based on strategic considerations of gain and loss.

Class Biases

Prejudices or discriminations based on social or economic class divisions within society.

Treaties

Formal agreements between sovereign states or international organizations, binding in international law.