Arizona State University FIN FIN 300 Builtrite has calculated the average daily cash flow to be $28,000 with a standard deviation of $4000.The store manager will receive a 3% weekly
with a standard deviation of $4000. The store manager will receive a 3% weekly bonus if the daily cash flow falls in the top 2%. What is the daily cash flow amount that would earn the manager a bonus? (Assume a normal distribution.)
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