5. Assume that the beginning cash balance of Kola Company is $368 and that the acceptable minimum balance is $25. Determine the amount of short-term financing required for the upcoming year, which is equal to the total amount of cash required for each quarter. Then, choose the least expensive financing option presented below. The loan is up to $160 million with a monthly interest rate of 0.8%. Along with the interest payment, 10% of the loan amount should be deposited into a checking account immediately. If the company issues commercial paper, it must pay $150 million at maturity. The papers have a total market value of $129.8 million. There are seventeen months until maturity. The commission rate is 0.5%. What will the balance be at the end of each quarter of the following year if debt capital is raised immediately and not repaidin the following year?

HW III Due on September 3 at 6:00 p.m You should show your work for every question. HW III Due on September 3 at 6:00 p.m You should show your work for every