U.S. companies had been building up their cash balances after the financial crisis, even though the interest
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U.S. companies had been building up their cash balances after the financial crisis, even though the interest rates that they could earn on low risk, liquid investments were extremely low. Describe the trade-off that companies face when they are deciding how much cash to hold.
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Companies face a tradeoff when deciding how much cash to hold and this decision involves weighing the benefits and costs associated with different cas...View the full answer
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292018201
14th Global Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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