2. 2. Using the BAT model [LO 19.2] Given the following information, calculate the target cash balance
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2. 2.
Using the BAT model [LO 19.2] 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 1. How do you interpret your answer?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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