=+In the chapter opener, you learned about FastPay, a company that lends to online ad publishers based on advertising receivables. Suppose you are running a business that relies on online ad revenues. It typically takes 60 days to collect from your customers and convert receivables into cash. FastPay offers you

$150,000 in cash in exchange for the right to collect $155,000 in receivables from a particular customer. You have a bank line of credit that allows you to borrow on a short-term basis at an annual interest rate of 7%. Should you borrow on the credit line or accept the offer from FastPay?