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Veggie Burgers, Inc. would like to maintain its cash account at a minimum level of $ 2 5 9 , 0 0 0 but expects

Veggie Burgers, Inc. would like to maintain its cash account at a minimum level of $259,000 but expects the standard deviation in net daily cash flows to be $13,400, the effective annual rate on marketable securities to be 4.3 percent per year, and the trading cost per sale or purchase of marketable securities to be $34.50 per transaction.
What will be its optimal cash return point?

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