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      Question

      What is the optimal number of trips to bank such that

      cost of holding money is minimum, if the rate of interest foregone is 10% , income is 100 and the transaction cost is 20
      A 2 Correct Answer Incorrect Answer
      B 3 Correct Answer Incorrect Answer
      C 4 Correct Answer Incorrect Answer
      D 5 Correct Answer Incorrect Answer

      Solution

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