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Use the Following Information to Answer the Question: Variance of Net

Question 109

Multiple Choice

Use the following information to answer the question: Variance of net daily cash flows is $50,000 Use the following information to answer the question: Variance of net daily cash flows is $50,000 Calculate the target cash balance per the Miller- Orr model. A) $3,658 B) $69,546 C) $6,975 D) $1,658 Calculate the target cash balance per the Miller- Orr model.


A) $3,658
B) $69,546
C) $6,975
D) $1,658

Correct Answer:

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