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Veggie Burgers, Inc. &ould like to maintain its' cash account at a minimum level of $249,000 but expects the standard deviation in net daily cash

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Veggie Burgers, Inc. \&ould like to maintain its' cash account at a minimum level of $249,000 but expects the standard deviation in net daily cash flows to be $12,400, the effective annual rate on marketable securities to be 4.1 percent pecyear, and the trading cost per sale or purchase of marketable secunties to be $29.50 per transaction. What will be its optimat upper cash limit? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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