Answered: The speculative motive is the need to…

Business

Finance

The speculative motive is the need to hold cash O a. To pay outstanding checks b. To maintain a firm's daily operations

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter17: The Management Of Cash And Marketable Securities

Section: Chapter Questions

Problem 5QTD

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Question

The speculative motive is the need to hold cash

O a. To pay outstanding checks

b. To maintain a firm's daily operations

c. To invest in opportunities which may arise

Od. To compensate a bank for services rendered

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