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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
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. If the firm's opportunity cost of funds is 6.5% , what is the minimum transfer balance? a. $82,546.15 b.$88,685.95 c. $84,230.77 C d.$226.15
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