Cash Management : Products and Strategies

Cash, as opposed to more rewarding but riskier assets, such as stocks or bonds, is preferable for meeting large, short-term liabilities that are well defined and predictable. Holding cash is also the only sensible investment choice for meeting uncertain (contingent) liabilities that arise in an emer...

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Idioma:Undetermined
Publicado: Pennsylvania Frank J. Fabozzi associtates 2000
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