The three motives for holding cash are: A) float reduction, precautio
The three motives for holding cash are:
A) float reduction, precautionary, and speculative.
B) buffer stock, speculative, and transactional.
C) speculative, transactional, and precautionary.
D) float reduction, buffer stock, and transactional.
E) convenience, transactional, and precautionary.
ANSWER
C
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