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Apple company has the following information: Permanent funding requirement - 125.080 Seasonal funding requirement - 850.000 Average seasonal requirement - 210.250 Interest on the short-term
Apple company has the following information: Permanent funding requirement - 125.080 Seasonal funding requirement - 850.000 Average seasonal requirement - 210.250 Interest on the short-term debt=5.15% Interest on the long-term debt-7% The firm earn 6% on its investment. Calculate the total funding cost when using the Aggressive funding strategy? Calculate the total funding cost when using the Conservative funding strategy
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