Question
Miller-Orr: Suppose a firms cash flow variance is $50,000, and the annual interest rate is 2.5% If each transaction costs $200 and the safety stock
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Miller-Orr: Suppose a firms cash flow variance is $50,000, and the annual interest rate is 2.5%
If each transaction costs $200 and the safety stock is $100,000 what is the optimal transaction size and the average cash balance?
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Financial Liberalization And The Asian Crisis
Authors: H. Chang, G. Palma, D. Whittaker
1st Edition
0333921585, 978-0333921586
