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What will be the optimal upper cash limits for a business whose cash minimum is $51,000, the standard daily deviation is $4,100, the effective rate
What will be the optimal upper cash limits for a business whose cash minimum is $51,000, the standard daily deviation is $4,100, the effective rate on marketable securities is 6.25%, and the trading cost on a marketable securities is $100 per transaction, whether sold or purchased.
What is the optimal upper cash limit?
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