Synovus Finl Cp (SNV) has Daily Cash Needs of $30102.00, and the Cost of Selling Securities is $121.00 If the yield on the securities is 11.08%. What are the total Costs associated with the EOQ?
a. 10987230
b. 51564.62
c. 154910.88
d. 17164.13
e. 8582.06