The Target Cash Balance Is Reached When

The target cash balance is reached when:

A) the interest on any marketable security throw-off is maximized.
B) the interest foregone from not investing in an equivalent amount of Treasury bills is
Minimized.
C) the value of cash liquidity equals interest foregone on an equivalent amount of Treasury
Bills.
D) the liquidity value is greater than interest foregone on an equivalent amount of Treasury
Bills.
E) None of the above.