Question: A firm that has extra cash Multiple Choice Should always invest it in U.S. equities. should invest it in the safest projects available. should always

A firm that has extra cash

Multiple Choice

  • Should always invest it in U.S. equities.

  • should invest it in the safest projects available.

  • should always reinvest it in new equipment.

  • should pay it out to shareholders unless the firm can earn a higher rate of return on the cash than the shareholders can earn by investing in the capital market.

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