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What is the optimal cash balance?

16 / 01 / 2019 Research Papers

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optimal cash balance 1 answer below » The ABC Corporation has cash outflows of $100 per day, seven days a week. The interest rate is 5%, and the fixed cost of replenishing cash balances is $10 per
transaction. What is the optimal cash balance? If you would like a 5 star rating please include steps and formulas. Jan 10 2014 10:17 PM


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