Find the BAT total cost of holding cash for your firm if $96,723 is needed each week to pay bills, the lower cash limit is $75,123, standard deviation of the disbursements is $12,789, the interest rate is 3.16%, and the cost of transferring funds is $38. O A) $3,476 B) $4,432 O Č) $4,109 D) $4,911 O E) $3,862

Find the BAT total cost of holding cash for your firm if $96,723 is needed each week to pay bills, the lower cash limit is $75,123, standard deviation of the disbursements is $12,789, the interest rate is 3.16%, and the cost of transferring funds is $38. O A) $3,476 B) $4,432 O Č) $4,109 D) $4,911 O E) $3,862

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter23: Other Topics In Working Capital Management

Section: Chapter Questions

Problem 11MC

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