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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 an interest rate of 9%, note that is required to keep 20 % as a compensating balance. Find the Face Value of this loan to collect 4390129 riyals 6362505.80 O 6013875.34 O 6097401.39 O 5932606.76 O 6271612.86 6183280.28 O

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