Under the Miller- Orr cash balance model,all of the following are incorrect except:
A) The higher the variance of cash flows is,the greater the upper limit will be
B) The lower the variance of cash flows is,the smaller the upper limit will be
C) The higher the variance of cash flows is,the smaller the upper limit will be
D) The lower the variance of cash flows is,the greater the upper limit will be
Correct Answer:
Verified
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