Question: Use the following information to answer this question: What should the cash return level be according to the Baumol model? Annual disbursements $ 6,000,000 Fixed

  1. Use the following information to answer this question: What should the cash return level be according to the Baumol model?

Annual disbursements $ 6,000,000

Fixed per-transaction cost $ 7X

Short-term interest rates 12%

Lower cash limit $ 0

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