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This is a 3-part question. A firm estimates the variance of daily net cash flows to be $604,479. S/T investment rates are 2.5%, and transaction

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This is a 3-part question. A firm estimates the variance of daily net cash flows to be $604,479. S/T investment rates are 2.5%, and transaction costs are $100. The firm prefers a minimum cash position of $50,000. Using the Miller-Orr Model and your answer from the last question, what is the Return Point? $58,715 $50,000 $76,145 $8,715

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