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Question 6 FINC 301's optimal cash transfer amount, using the Baumol model, is GH 60,000. The firm's fixed cost per cash transfer of marketable securities

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Question 6 FINC 301's optimal cash transfer amount, using the Baumol model, is GH 60,000. The firm's fixed cost per cash transfer of marketable securities to ash is GHS 180, and the total cash needed for transactions annually is GH 960,000. On what opportunity cost of holding cash was this analysis bas d? (10 marks)

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