Multiple Choice
Assuming that the interaffiliate cash flows are uncorrelated with one another,calculate the minimum cash balance to have if the firm follows a conservative policy of having three standard deviations of cash for precautionary purposes. 
A) $34,960.33
B) $314,642.65
C) $104,880.88
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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