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Use the following information to answer this question: what line of credit (LOC) would be necessary to achieve a lamba of 2.7? Cash balance $

Use the following information to answer this question: what line of credit (LOC) would be necessary to achieve a lamba of 2.7?

Cash balance $ 5X0,000

Average daily cashflow $ 20,000

Standard deviation of cashflow $ 800,000

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