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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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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