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2.ACompany has operations in the following three countries. Initially each affiliate manages its own cash balance: One Standard Deviatiorn 1,000 3,000 2,000 Cash Balance w/99.87
2.ACompany has operations in the following three countries. Initially each affiliate manages its own cash balance: One Standard Deviatiorn 1,000 3,000 2,000 Cash Balance w/99.87 Protection 13,000 17,000 16,000 Expected Cash Need Japan India France S10,000 8,000 10,000 Assume that the cash needs of the affiliates are independent of each other a.If a centralized depository is created instead, how much cash should the depository hold for the same 99.87% protection? b.How much idle cash is saved
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