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Your firm has a net cash inflow for the quarter of $-53. The beginning cash balance is $10. Company policy is to maintain a minimum
Your firm has a net cash inflow for the quarter of $-53. The beginning cash balance is $10. Company policy is to maintain a minimum cash balance of $5 and borrow only the amount that is necessary to maintain that balance.
How much does your firm need to borrow to have a zero cumulative surplus?(Round answer to 0 decimal places, do not round intermediate calculations)
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