Carder Corporation's management has determined that their minimum cash balance should be $10,000. The daily variance of the cash flows is $50,000, the daily interest rate is 0.0003, and the transaction cost of returning to the target cash balance is $500. Using the Miller-Orr model, determine: The target cash balance and the upper limit. Target cash balance = $ Upper limit = $

Carder Corporation's management has determined that their minimum cash balance should be $10,000. The daily variance of the cash flows is $50,000, the daily interest rate is 0.0003 , and the transaction cost of returning to the target cash balance is $500. Using the Miller-Orr model, determine: The target cash balance and the upper limit. Target cash balance =$ Upper limit =$ Carder Corporation's management has determined that their minimum cash balance should be $10,000. The daily variance of the cash flows is $50,000, the daily interest rate is 0.0003 , and the transaction cost of returning to the target cash balance is $500. Using the Miller-Orr model, determine: The target cash balance and the upper limit. Target cash balance =$ Upper limit =$