$2.00 The problem in stretching out the maturity of marketable securities is that AND We expect that we can receive annualFound in General-Questions: General-Academic-Questions
Chapter 1, # 0
The problem in stretching out the maturity of marketable securities is that
a.there is greater possibility of loss.
b.interest rates are generally lower.
c.you are legally locked in until the maturity date.
d.long-term rates higher than short-term rates.
We expect that we can receive annual incremental income after taxes of $15,000 which includes an adjustment for uncollectible accounts. What is the maximum required after-tax return is 12%?
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