(Answered) If burgers inc would like to maintain its cash account at a

Statistics

If Burgers, Inc., would like to maintain its cash account at a minimum level of $256,000 but expects the standard deviation in net daily cash flows to be $13,100, the effective annual rate on marketable securities to be 4.6 percent per year, and the trading cost per sale or purchase of marketable securities to be $33.00 per transaction.

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