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2. Cost of Pledging Trade Receivables Calculate de cost pledging the trade receivables: trade receivables ($900,000) loan (70% of trade receivables) interest charges (3% over
2.
Cost of Pledging Trade Receivables
Calculate de cost pledging the trade receivables: trade
receivables ($900,000) loan (70% of trade
receivables) interest charges (3% over the 4% prime
rate), service fees (1.5%).
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