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a. XYZ company is looking for a 4-months term source of $800,000 to supplement working capital. Which source below should the company choose? The bank
a. XYZ company is looking for a 4-months term source of $800,000 to supplement working capital. Which source below should the company choose? The bank A accepts loans at annual nominal rate of interest of 15% a year. The bank B accepts loans at discount interest rate of 14% a year. The bank C accepts a loan with interest rate of 10% per year and deposits rate at 12%
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