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A company has a lower cash limit of 20,000. the cost of buying and selling short term investment is 70 per transaction. the daily cash

A company has a lower cash limit of £20,000. the cost of buying and selling short term investment is £70 per transaction. the daily cash flow variance is £2.5 million and the daily interest rate is 0.05%(0.0005 as decimal). what is the spread between upper and lower limits? show your work.

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