Assume wire transfers cost $22.00, DTC's cost $1, and wire transfers accelerate availability by one day. What is the approximate minimum transaction size to make it cost-effective to use the wire transfer instead of a DTC if the opportunity cost is 9%? 

a. $44,000 

b. $85,000 

c. $93,000 

d. $39,000 

e. $49,000

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The answer is b 85... View the full answer