Question
Your firm's last five daily net cash flows are shown below. Day Net Cash Flow 1 $50,000 2 $75,000 3 $15,000 4 $24,000 5 $11,000
Your firm's last five daily net cash flows are shown below.
| Day | Net Cash Flow |
| 1 | $50,000 |
| 2 | $75,000 |
| 3 | $15,000 |
| 4 | $24,000 |
| 5 | $11,000 |
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What is the range of the last five daily net cash flows?
a. $64,000
b. $11,000
c. $75,000
d. $48,000
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Inside And Outside Liquidity
Authors: Bengt Holmstroem, Jean Tirole
1st Edition
0262518538, 9780262518536
