FINANCIAL MANAGEMENT Supposed CDEF Bhd has a permanent funding requirement of RM810,000 in operating assets. Its seasonal funding requirements varies between RM0 and RM5,940,000 and averages, say RM610,000. Based on latest interest rates information, CDEF Bhd is able to borrow short term funds at 6.5% and long term funds at 8%. At the same time, the firm is able to earn at a rate of 5% on investment of any surplus funds balances that it might have. Analyse the financial effects assuming that the firm adopts the following approaches of financing working capital: (a) Aggressive approach (8 marks) (b) Conservative approach (8 marks)