Grampian plc has a weekly cash requirement of 60,000. The cost of selling marketable securities to raise

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Grampian plc has a weekly cash requirement of £60,000. The cost of selling marketable securities to raise cash is £50. The interest rate is 7 per cent per annum.

Determine the optimal order quantity and the optimal order period.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:02 AM

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Grampian plc has a weekly cash requirement of 60,000. The cost of selling marketable securities to raise

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Corporate Finance

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