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What is this firm total cost of holding cash

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Rosie O'Grady's spends $98,000 a week to pay bills and maintains a lower cash balance limit of $95,000. The standard deviation of the disbursements is $14,600. The applicable interest rate is 4.8 percent and the fixed cost of transferring funds is $50. What is this firm's total cost of holding cash based on the BAT model?

Reference no: EM132491175

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