Using bat all night corporations has determined that its target cash balance if it uses the BAT
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Using bat all night corporations has determined that its target cash balance if it uses the BAT model is $2,600. The total cash needed for the year is $23,000, and the order cost is $10. What interest rate must All Night be using?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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