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AIA Inc. is looking to manage its cash position using the EOQ model. The company is consuming cash at the rate of $5600 per day,

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AIA Inc. is looking to manage its cash position using the EOQ model. The company is consuming cash at the rate of $5600 per day, and is open for business 365 days in the year. Each time the firm sells securities to obtain the cash it costs them $260. lfthe interest rate is 2.10%, what is the optimal order amount according to the EOQ? Place your answer to the nearest dollar without including a dollar sign or commas

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