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For Leo, Inc. and according to the Baumol model, what is the optimal transaction size for transfers from marketable securities if the total cash needed
For Leo, Inc. and according to the Baumol model, what is the optimal transaction size for transfers from marketable securities if the total cash needed for transactions annually is $7,569,000 and the company can hold marketable securities that yield 10 percent, and then convert these securities to cash at a cost of only $50 per transaction.
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