14 Using Baumol Grampian plc has a weekly cash requirement of 60,000. The cost of selling marketable

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14 Using Baumol 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: 9781526848093

4th Edition

Authors: David Hillier

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