WK 3, DQ3 - under these organizations must keep a certain...

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Why would firms wish to hold cash and/or marketable securities? The need for an organization’s liquidity is the main reason for holding on to cash and/or marketable securities. Due to certain regulations under which some organizations need to operate
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Unformatted text preview: under, these organizations must keep a certain amount of liquidity. An example of such organizations are banks and the regulating entity is the FDIC....
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This note was uploaded on 08/21/2010 for the course FIN FIN370 taught by Professor Mr.garcia during the Fall '09 term at DeVry Long Beach.

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