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5. A treasury manager needs to move $100,000 from one corporate account to the firm's primary account. Moving the funds by wire will cost $15

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5. A treasury manager needs to move $100,000 from one corporate account to the firm's primary account. Moving the funds by wire will cost $15 while moving the funds by ACH will cost $0.30. The wire will clear one day faster than the ACH. The firm receives an earnings credit rate of 0.50% (reserve requirement ratio of 10%) for funds held in all accounts. If the firm's opportunity cost of funds is 6.5%, what is the minimum transfer balance? A. $88,685.95 B. $84.230.77 C. $82,546.15 D. $226.15

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