The transaction motive to hold cash is best defined as:
Multiple Choice
The need to hold cash to satisfy normal disbursement and collection activities associated with a firms ongoing operations.
The need to hold cash to satisfy stakeholder requirements.
The need to hold cash to satisfy governmental requirements.
The need to hold cash as a safety margin to act as a financial reserve.
The need to hold cash to take advantage of additional investment opportunities, such as bargain purchases.
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