{00319628.DOC / 1}1-1 Chapter 1 Investments: Background and Issues 1. a.Cash is a financial asset because it is the liability of the federal government. b.No.The cash does…

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Chapter 01 - The Investment Environment 1-1 CHAPTER 1: THE INVESTMENT ENVIRONMENT PROBLEM SETS 1. Ultimately, it is true that real assets determine the material well being…

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