Question
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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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th International Edition
1259094901, 9781259094903
