A Firm Has Estimated That It Will Need $3,000,000 Net

question 37

Multiple Choice

A firm has estimated that it will need $3,000,000 net cash during the year.Current interest rate on money market securities is 6 percent per year and the cost of buying and selling securities cost $50 per transaction.What is the optimal transaction size of securities?

• A)$70,710.68
• B)$25,100.00
• C)$65,285.21
• D)$92,511.11 With Baumol's model

---

Definitions:

Genital Surgery

Medical procedures performed on genital organs, which can be for reasons such as gender affirmation, corrective purposes, or health issues.

Sexual Sensation

The physical and psychological experiences and perceptions associated with sexual activity and stimulation.

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to people of one's own sex.

Third-Sex People

Individuals who are identified or identify themselves as belonging to a category beyond the binary constructs of male and female.