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Assume you use the baumol Model to determine your optimal cash position. Your cash needs are $600,000 each week. The fixed cost to raise cash

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Assume you use the baumol Model to determine your optimal cash position. Your cash needs are $600,000 each week. The fixed cost to raise cash through selling securities is $ 1000. The opportunity cost of holding cash is 10% annually and the standard deviation of the daily net cash flow is $2000. What is the optimal amount of cash to be raised

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