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Hollywood Shoes would like to maintain their cash account at a minimum level of $ 5 3 , 0 0 0 , but expect the
Hollywood Shoes would like to maintain their cash account at a minimum level of $ but expect the standard deviation in net daily cash flows to be $; the effective annual rate on marketable securities to be percent per year; and the trading cost per sale or purchase of marketable securities to be $ per transaction. What will be their optimal cash return point?
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