Question: Cash Management Policy rework Problem 15 assuming: a. Wildcat maintains a minimum cash balance of $50 million. b. Wildcat maintains a minimum cash balance of

Cash Management Policy rework Problem 15 assuming:

a. Wildcat maintains a minimum cash balance of $50 million.

b. Wildcat maintains a minimum cash balance of $20 million.

Based on you answer in (a) and (b), do you think the firm can boost its profit by changing its cash management policy? Are there other factors that must be considered as well? Explain.

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