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A company needs to increase its working capital to 4390129 riyals, the Chief Financial Officer (CFO) decides to Get a one-year short-term loan from the

A company needs to increase its working capital to 4390129 riyals, the Chief Financial Officer (CFO) decides to Get a one-year short-term loan from the bank at a discount interest rate of 8%, note that is required to keep 20 % as a compensating balance. Find the Face Value of this loan to collect 4390129 riyals.
5932606.76
6013875.34
6183280.28
6097401.39
6362505.80
6271612.86

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