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If a program is producing satisfactory results, what two things should be done prior to successfully terminating it? (See Guidelines 8 and 9.)
Daily Interest Rate
A method of calculating interest where the rate is applied to the principal on a daily basis.
Miller-Orr Model
A financial model used for managing cash balances and optimizing the levels of cash holding based on specified upper and lower limits.
Cash Balance Target
A cash balance target is a strategy companies use to maintain an optimal level of cash reserves for operations and unexpected expenses, aiming to balance liquidity with profitability.
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