Dunia Maritim (M) Sdn Bhd requires RM500,000 to support working capital requirements for 6 months. Calculate the effective cost of the following alternatives: a. Borrow from Bank A and pay an annual interest rate of 6% on a discounted basis b. Bank B offers a loan at 4% annual interest with 5% percent compensating balance c. The company issue commercial paper of RM100,000 face value at 5% annual interest with RM5,000 issuing cost.