Given the following information, calculate the target cash balance using the BAT model: Annual interest rate...... 4.5%

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Given the following information, calculate the target cash balance using the BAT model:

Annual interest rate...... 4.5%

Fixed order cost....... $25

Total cash needed.......$10,200

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:56 AM

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Given the following information, calculate the target cash balance using the BAT model: Annual interest rate...... 4.5%

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Fundamentals of corporate finance

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