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The above respectable company has set a minimum balance of $1,000. The daily variance of cash flows is $1 million, the transaction cost of adjusting
- The above respectable company has set a minimum balance of $1,000. The daily variance of cash flows is $1 million, the transaction cost of adjusting the cash balance is $1,000, and the interest rate is 15 percent. Use the Miller and Orr model to find the target cash balance and the upper cash balance.
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Handbook Of Asian Finance REITs Trading And Fund Performance
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009861, 978-0128009864
