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by krrishd
274 days ago
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Yeah that's a good flag. To be even more specific though, "cash equivalent" and the sorts of treasuries that implies are specifically short-duration ones (ie. this cash cannot be parked in a 10-year US treasury either) Cash equivalents are short-term commitments "with temporarily idle cash and easily convertible into a known cash amount" https://en.wikipedia.org/wiki/Cash_and_cash_equivalents |
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