Rose axels faces a smooth annual demand for cash of 511, Ask an Expert

Finance

Rose Axels faces a smooth annual demand for cash of $5.11 million, incurs transaction costs of $274 every time the company sells marketable securities, and can earn 4.2 percent on its marketable securities.

What will be its optimal cash replenishment level?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9995172

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