Using bat all night corporations has determined that its target cash balance if it uses the BAT

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Using bat all night corporations has determined that its target cash balance if it uses the BAT model is $2,600. The total cash needed for the year is $23,000, and the order cost is $10. What interest rate must All Night be using?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: May 09, 2011 06:18 AM

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Using bat all night corporations has determined that its target cash balance if it uses the BAT

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Fundamentals of Corporate Finance

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