Reason for holding cash and cash equivalents

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Reference no: EM13950329

What is the reason for holding cash and cash equivalents? And which hybrid security has special claims on a corporation's profits or incase of liquidation of corporate assets?

Reference no: EM13950329

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Reason for holding cash and cash equivalents : What is the reason for holding cash and cash equivalents? And which hybrid security has special claims on a corporation's profits or incase of liquidation of corporate assets?
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