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The U.S. economy continues to grow, but the global landscape looks far more bleak. In such an environment, where are U.S.-based multinationals parking their cash?

The 11th annual Liquidity Survey from the Association for Financial Professionals (AFP) offers some answers. In May, the AFP surveyed 787 treasury and finance professionals. Most of these corporate practitioners (55 percent) expect their cash balances to remain constant for the next 12 months, while a fourth expect cash and short-term investment balances to increase.

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