drop down options are true or false

out compris les plante comercipper for the foot time in the fs 35-year story The plans tou 160.000 in 180 day maturity. The paper way 1075 outled stand will cost Totale $14.000 ton advance to mule Asume a 30-day man and 360-day year What is the cost of credit toe? 5. What actors that the crew constern awyer whether to the corneren The effective cost of credit, APR. Tie Round the decimalus) What other factors show the company conuder in any whether to see the corner paper The risk woved in the issue of commercial should be considered. The rekreats to the fact that the color marketing personal and is even the most rohyborowany fobility in terms of when reparant is made. In additional papers avaies source of credit to only the most creditory boo Thus, may not be calatie to the form above ment tue are Select from the drop-dan menu (Cost of commercial paper) Tri-State Enterprises plans to issue commercial paper for the first time in the firm's 35 year history. The firm plans to issue $560,000 in 180-day maturity notes. The paper will carry a 1025 percent rate with discounted interest and will cost Tri-State $14,000 (paid in advance) to issue. Note: Ansumo a 30-day month and 360-day year. a. What is the effective cost of credit to T-State? b. What other factors should the company consider in analyzing whether to issue the commercial paper? + a. The effective cost of credit, or APR, to Tri-State is % (Round to two decimal places.) b. What other factors should the company consider in analyzing whether to issue the commercial paper? "The risk involved with the issue of commercial paper should be considered. This risk relates to the fact that the commercial paper market is highly impersonal and denies even the most creditworthy borrower any flexibility in terms of when repayment is made. In addition, commercial paper is a viable source of credit to only the most creditworthy borrowers. Thus, it may simply not be available to the firm." Is the above statement true or falso? (Select from the drop-down menu.)