Transfer selling marketable securities from its portfolio

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Barenbaum Industries projects that cash outlays of $4.5 million will occur uniformly Optimal Cash throughout the year. Barenbaum plans to meet its cash requirements by periodically

Transfer selling marketable securities from its portfolio. The firm’s marketable securities are invested to earn 12%, and the cost per transaction of converting securities to cash is $27.

Reference no: EM13932869

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