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Khan industries experiences regular cash flows of $50,000 per day as it expands its chain of cheap beer joints across the country to help spread

  1. Khan industries experiences regular cash flows of $50,000 per day as it expands its chain of cheap beer joints across the country to help spread happiness, and joy. The firm incurs a transaction cost of $100 when it sells its marketable securities and earns 6 percent on its marketable securities portfolio. What is the optimal amount?

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