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Some teachers develop new methods of teaching when reading sound-play books aloud.
Interest Rate Sensitive
Pertaining to assets or investments that are affected by changes in interest rates.
Treasury Bills
Short-term government securities with maturities of one year or less, sold at a discount and redeemed at face value at maturity.
Target Cash Balance
The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.
Speculative Motive
The intent to hold cash or other assets for the purpose of benefiting from future market movements.
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