Comment on the following different views regarding cash: (1) "Cash is Trash" (cash in checking account or invested in marketable securities earns little. All cash should be invested in long-term, strategic assets) or (2) "Cash is King" (Have enough cash to cover your needs in both good times and bad) 2. Discuss the overall trend in corporate cash holdings 3. How would you interpret a lambda of 1.00? Of 5.00? Of 0.75? 4. Describe the factors that motivate firms to carrycash 5. Given that cash holdings typically some degree of return, how can cash holdings still imply an opportunity cost on the holder of cash?