menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Corporate Finance Study Set 5
  4. Exam
    Exam 12: Risk, Return, and Capital Budgeting
  5. Question
    Find the Break-Even Size of Wire Transfer If the Cost
Solved

Find the Break-Even Size of Wire Transfer If the Cost

Question 89

Question 89

Multiple Choice

Find the break-even size of wire transfer if the cost of wire transfer is $20,the daily interest rate is 0.02%,and the reduction in float is 3 days.


A) $1,000
B) $25,000
C) $33,333
D) $100,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: Potential savings from a lock-box system will

Q57: Money market securities usually have a maturity

Q68: The purpose of credit analysis is to:<br>A)

Q84: Which of the following terms of sale

Q85: The bank's ledger balance for a firm

Q86: Your cash manager is currently using wire

Q87: In general,would you suspect that it's getting

Q88: Bond ratings are an inexpensive source of

Q91: When you deposit a check,there is a

Q94: The cost of holding inventory is the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines