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Question 5 Revaile Co. has annual transactions of 30 million. The fixed cost of converting securities into cash is 500 per conversion. The annual opportunity
Question 5 Revaile Co. has annual transactions of 30 million. The fixed cost of converting securities into cash is 500 per conversion. The annual opportunity cost of funds is 6%. What is the optimal deposit size? A. 21,213 B. 42,426 C. 707,107 D. 42.43
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