In the management of cash and marketable securities, why should the primary concern be for safety and

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In the management of cash and marketable securities, why should the primary concern be for safety and liquidity rather than maximization of profit?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:36 AM

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In the management of cash and marketable securities, why should the primary concern be for safety and

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Cash and marketable securities are generally used to meet t...View the full answer

Foundations of Financial Management

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