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In order to justify the cost of using a wire transfer instead of an EDT (electronic depository transfer), your company must transfer a minimum of

In order to justify the cost of using a wire transfer instead of an EDT (electronic depository transfer), your company must transfer a minimum of $200,000. The EDT has a one business day availability. If the EDT availability were two business days, what is the minimum transfer amount that would justify a wire transfer?

$100,000

$200,000

$400,000

the amount cannot be calculated without more information

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