11:06 MMM St N 461 74% : A firm has completed their projected cash budget for the next fiscal year. There is currently an upward sloping vield curve which implies that longer maturity investments yield a higher interest rate Lay out a plan to invest the marketable securities forecasted for the next year into treasury Bills such that you are optimizing the potential interest earned over the planning horizon. Assume that all cash collections are received at the beginning of the month and all expenses ac paid at the end of the month so that the full balance can be invested over the month in which it occurs. FCST Feb FCST Mar FCST Jan Marketable Securities $ FCST April FCST May FCST June FCSTFCST July Aug FCST Sep FCST Oct FOST Nov ECST Dec $ 100.00 $ 186.00 $ 251.00 368.00 $ 205,00 S - $ $425.00 S 5000 $125.00 $ Month Investment Amount and Corresponding Maturity Withdrwwal Balance $100.00 April Nay July Aug $425.00 Segt 350700 $ 125.00 EL 11:06 MMM St N 461 74% : A firm has completed their projected cash budget for the next fiscal year. There is currently an upward sloping vield curve which implies that longer maturity investments yield a higher interest rate Lay out a plan to invest the marketable securities forecasted for the next year into treasury Bills such that you are optimizing the potential interest earned over the planning horizon. Assume that all cash collections are received at the beginning of the month and all expenses ac paid at the end of the month so that the full balance can be invested over the month in which it occurs. FCST Feb FCST Mar FCST Jan Marketable Securities $ FCST April FCST May FCST June FCSTFCST July Aug FCST Sep FCST Oct FOST Nov ECST Dec $ 100.00 $ 186.00 $ 251.00 368.00 $ 205,00 S - $ $425.00 S 5000 $125.00 $ Month Investment Amount and Corresponding Maturity Withdrwwal Balance $100.00 April Nay July Aug $425.00 Segt 350700 $ 125.00 EL