A Firm Needs Spare Cash to Deal with Capital Budget

question 37

Multiple Choice

A firm needs spare cash to deal with capital budget appropriations, dividend payments, and other large outlays.The interest rate on bank loans is simply quoted as:

• A)Precautionary motive
• B)Transactions motive
• C)Speculative motive
• D)Simple interest

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The act of delaying or postponing tasks or decisions.

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