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XYZ Limited estimates its total cash requirement for next year as Kshs 10 million. The company's opportunity cost of funds is 10% p.a. The company
XYZ Limited estimates its total cash requirement for next year as Kshs 10 million. The company's opportunity cost of funds is 10% p.a. The company will have to incur Sh. 80 per transaction when it converts its short-term securities into cash. Required Determine the optimum cash balance The total cost of the demand for optimal cash balance
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
