2 Determining the Target Cash Balance Show, using both the Baumol model and the MillerOrr model, how

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2 Determining the Target Cash Balance Show, using both the Baumol model and the Miller–Orr model, how a firm can determine its optimal cash balance. What are the advantages and disadvantages of each?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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