How does the baumol cash management model differ from the
Question: 1. Why do firms hold cash balances?
2. How does the Baumol cash management model differ from the Miller-Orr cash management model?
3. What are compensating balances and how do they affect a firm's cash balances?
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question 1 why do firms hold cash balances2 how does the baumol cash management model differ from the miller-orr cash
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