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If average daily remittances are $2 million, and extended disbursement float adds 11 days to the disbursement schedule, how much should the firm be willing

If average daily remittances are $2 million, and "extended disbursement float" adds 11 days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 12% on excess funds. $2,640,000 $0 $200,000 $2,650,000

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