Marketable securities are often held in place of cash

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1. "Marketable securities" are often held in place of cash. What are some examples of these kinds of current assets, and what are the characteristics that make them suitable as a substitute for cash?

2. What was the highest annual rate of inflation during the period 1926-2013?

Between 0 and 3 percent

Between 3 and 5 percent

Between 5 and 10 percent

Between 10 and 15 percent

Between 15 and 20 percent

Reference no: EM131915404

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