Home Gardens requires $2,300 of cash for transaction purposes each week. The initial cash balance is $20,000. The interest rate on marketable securities is 4.5%. The cost of each securities transaction is $50. What are the total trading costs according to the BAT theory?

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The Answer of Home Gardens requires $2,300 of cash for transaction purposes each week. The initial cash balance is $20,000. The interest rate on marketable securities is 4.5%. The cost of each securities transaction is $50. What are the total trading costs according to the BAT theory?

Home Gardens Requires $2,300 of Cash for Transaction Purposes Each