A company needs 400 per transaction. These short-term i...
单项选择题A company needs
400 per transaction. These short-term investments pay interest of 5% per year, while the company earns interest of only 1% per year on cash deposits.
According to the Baumol Model, what is the optimum amount of short-term investments to convert into cash in each transaction?
A、A
48,990
C、C
63,246