Response to the following questions:
1. Why would the investment in marketable securities differ for companies domiciled in different countries?
2. Suppose you start each month with a cash balance of $100,000 and you use cash evenly throughout the month, ending each month with a zero cash balance.
a. What is the average cash balance each month?
b. If you could earn 1% per month investing your cash, what is the opportunity cost, per month, associated with your cash balance?