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that means Cash should be first. For example, there is a company A. People anticipated that the interest of stock for the company would be 20%. but Actually, people got only 5% after 1year. then what's the point. If they invested money into the govenment's bond, they would have got 7% interests.

Therefore, investor won't take on an additional risk unless they expect to be compensated with additional returns. Only additional cash can be a King.

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Q: What is the Definition of Cash - not Profits - Is King?
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