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Your firm spends $38,000 a week to pay bills and maintains a lower cash balance limit of $42,000. The standard deviation of the disbursements is

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Your firm spends $38,000 a week to pay bills and maintains a lower cash balance limit of $42,000. The standard deviation of the disbursements is $7,900. The applicable weekly interest rate is .046 percent and the fixed cost of transferring funds is $60. What is your cash balance target based on the Miller-Orr model? OA) $49,311.81 OB) $47,726.67 OC) $60,276.92 OD) $48,152.26 O E) $59,371.53

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