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According to the Miller - Orr model: A: there is an optimum division of each cash receipt into cash balances and interest bearing liquid assets.
According to the MillerOrr model:
A: there is an optimum division of each cash receipt into cash balances and interest bearing liquid assets.
B: there is an optimum amount for each withdrawal.
C: marketable securities should be held to take advantage of profitable opportunities.
D: management should withdraw cash if the cash balance becomes too high and inject cash if the balance becomes too low.
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