An Appropriate Cash Balance Is Reached When The

An appropriate cash balance is reached when the:

A) interest on any marketable security is maximized.
B) interest foregone from not investing in Treasury bills is minimized.
C) value of cash liquidity equals interest foregone on an equivalent amount of Treasury bills.
D) liquidity value is greater than the interest foregone on an equivalent amount of Treasury bills.
E) balance is maintained at a zero level.