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As the CFO tor the Scott Company, Morgan is analyzing her seasonal financing needs. She believe the cost of long-term financing will be 6.75% and
As the CFO tor the Scott Company, Morgan is analyzing her seasonal financing needs. She believe the cost of long-term financing will be 6.75% and the cost of short-term financing will be 4.5%. In addition, she believes her cash and marketable securities can earn .5% during the coming year. She has estimated the following financing requirements. Round all calculations to the nearest whole dollar. What would be the cost of an aggressive financing strategy? What would be the cost of a conservative financing strategy
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