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(Cash Management) 1590 DJM Corporation has an average daily cash balance of $200. Total cash needed for the year is $20,000. The interest rate is

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(Cash Management) 1590 DJM Corporation has an average daily cash balance of $200. Total cash needed for the year is $20,000. The interest rate is 5 percent, and replenishing the cash costs S8 each time. What are the opportunity cost of holding cash, the trading cost, and the total cost? What do you think of DJM's strategy

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