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. A company spends 319,600 a week to pay bills and maintains a lower cash balance limit of 65,000. The applicable interest rate is 3.26
. A company spends 319,600 a week to pay bills and maintains a lower cash balance limit of 65,000. The applicable interest rate is 3.26 percent and the fixed cost of transferring funds is 43. What is the optimal initial cash balance based on the BAT model? (5 points)
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