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Q. What is Maturity?
Maturity: The maturity period of the securities should be short, otherwise, the company might suffer losses on account of getting the funds pre-maturely released. The period should be selected according to the time for which the cash would remain surplus otherwise.
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What was the first argument against traditional approach The first argument against traditional approach was based on its emphasis on issues relating to procurement of funds by
What is working capital? Working capital comprise of the current assets of the firm.
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