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Homework answers / question archive / The standard deviation in daily cash balance is Rs 1,60,000 Interest on marketable securities is 10 p

The standard deviation in daily cash balance is Rs 1,60,000 Interest on marketable securities is 10 p

Finance

The standard deviation in daily cash balance is Rs 1,60,000 Interest on marketable securities is 10 p.a . cost per transaction is Rs 100. The average cash balance to be maintained is Rs 16,000. What is the upper control limit of cash balance?

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