Your Firm Spends $48,000 a Week to Pay Bills and Maintains

Your firm spends $48,000 a week to pay bills and maintains a lower cash balance limit of $50,000.The standard deviation of the disbursements is $8,100.The applicable weekly interest rate is 0.054 percent and the fixed cost of transferring funds is $65.What is your cash balance target based on the Miller-Orr model?

A) $48,156
B) $49,990
C) $54,884
D) $68,093
E) $75,726