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Question 2 (2 points) Assume that Joy's Bridal uses up cash at a rate of $120,000 per year. The interest rate is 5% and each

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Question 2 (2 points) Assume that Joy's Bridal uses up cash at a rate of $120,000 per year. The interest rate is 5% and each sale of securities costs $15. What is Joy's optimal cash balance and how many times a year should she sell securities? $10,000, 12 times $2,828.43, 42.43 times. $2,190.89, 54.77 times $8,485.28, 14.14 times

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