6. 10. Using BAT [LO 19.2] Rise Against Company has determined that its target cash balance if...

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6. 10.

Using BAT [LO 19.2] Rise Against Company has determined that its target cash balance if it uses the BAT model is $5 100. The total cash needed for the year is $31 000 and the order cost is $10. What interest rate must Rise Against be using?

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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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