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Parkway Express needs $172,540 a week to pay bills. The standard deviation of the weekly disbursements is $8,600. The applicable interest rate is 3.72 percent

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Parkway Express needs $172,540 a week to pay bills. The standard deviation of the weekly disbursements is $8,600. The applicable interest rate is 3.72 percent and the fixed cost of transferring funds is $38. Based on the BAT model, what is the opportunity cost of holding cash? Multiple Choice $4,508 $2,518 $6769

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