The following data relates to V-Fuel Aircraft: Minimum cash balance = $10,000 Standard deviation of daily cash
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The following data relates to V-Fuel Aircraft: Minimum cash balance = $10,000 Standard deviation of daily cash flows = $2,000 per day
a. b. Transaction cost of buying and selling the securities = $45 Interest rate = 0.02 percent per day What is the optimum cash balance according to the Miller-Orr model? What is the upper limit? C. What is the return point?
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Related Book For
Foundations Of Airline Finance
ISBN: 9780415743259
2nd Edition
Authors: Bijan Vasigh, Kenneth Fleming, And Barry Humphreys
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