hew cha mensal 2. OPTIMAL TRANSACTION SIZE - Assume that the fixed cost of selling marketable securities is P10 per transaction and the interest rate on marketable securities is 8% per year. The company estimates that it will make cash payments of P12,500,000 per quarter. whole you 12 senerex Mesum AND FINANCIAL STATEMENTS ANALYSIS Page 6 of 18 Required: Compute the (a) Optimal transaction size, (b) the average cash balance, (c) the number of times (during the year) the company has to convert marketable securities to cash, (d) the total cost of converting marketable securities to cash, and (e) the total carrying cost of cash