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Maya Inc.'s optimal cash transfer amount, using the Baumol model, is $50,000. The firm's fixed cost per cash transfer of marketable securities to cash is

Maya Inc.'s optimal cash transfer amount, using the Baumol model, is $50,000. The firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000. On what opportunity cost of holding cash was this analysis based?

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