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What is the implication of optimum 5 transaction strategies for a firm that has cash inflows at the beginning of the period and cash outflows

What is the implication of optimum 5 transaction strategies for a firm that has cash inflows at the beginning of the period and cash outflows evenly throughout the period?

a.

5 disinvestment and 0 investment transactions

b.

It cannot be inferred.

c.

One disinvestment and 4 investment transactions

d.

One investment and 4 disinvestment transactions

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