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Company C has a permanent working capital need of $100,000, and a seasonal working capital need that varies from $0 to $600,000, and averages $300,000.

Company C has a permanent working capital need of $100,000, and a seasonal working capital need that varies from $0 to $600,000, and averages $300,000. Company C can acquire short-term finds at 4% and long-term funds at 6%. They can invest any excess funds at 3%. Calculate Company Cs total cost of financing using an aggressive strategy.

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