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Given the following data, calculate the upper limit and the optinal cash balance. How much can the organization invest when its cash balance hits the...

Given the following data, calculate the upper limit and the optinal cash balance. How much can the organization invest when its cash balance hits the upper limit?

Starting cash balance: $12,000
Minimum cash balance: $10,000
Means of cash flow: $1,000
Std dev of cash flows: $2,500
Annual interest rate: 12%
Tansaction cost: $25
Initial fund balance: $20,000

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