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4. Calculate the Baumol Model and Total Cost for the optimal cash holding: Using the information show below. a. The fixed transaction cost per sale

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4. Calculate the Baumol Model and Total Cost for the optimal cash holding: Using the information show below. a. The fixed transaction cost per sale of security (F) $85 b. Total cash needed during period (TCN) $950,000 c. Per period opportunity cost (i) 6% a. Calculate Z" the optimal dollar amount of securities that should be sold to replenish cash: b. Calculate the Total cost of the cash position

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