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Company XYX pays $10.00 for a wire and $.50 for an ACH transaction. They arewondering if it is a good ideato wire the funds or

Company XYX pays $10.00 for a wire and $.50 for an ACH transaction. They arewondering if it is a good ideato wire the funds or ACHfunds received in their Collection Bank Account to their Concentration Bank Account. If the funds are received in the Collection Bank Account on a Tuesday, what isthe break-even amount for a wire instead of an ACH? If the funds are receivedin the Collection Bank Account on a Friday, what is the break-even amount for a wire instead of an ACH? The firms annual opportunity cost is 4.0%.

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