FINIS POVI Bom 2 Chapter Quest 11 Not yet A company requires a 12-month loan of $100.000 and borrows on a discount interest basis at a nominal rate of 3.2. If the company must actually receive $100.000 net proceeds, calculate the face value of the note Point out of Select one Os 5101306 Ob 5113,636 Oc $101.200 d. $123.967 Questo 12 No yel Calculate the annual cost of failing to take a cash discount under the following terms 2/14, net 31 Phon Select one a 43% OC 23 Od 25% A firm plans to borrow 5864,077 for one year. The bank will end the money at 17 percent and requires a compensating balance of 6 percent What is the effective rate of interest? 13 Not yet wered Points out of 1 Select one O a. 18.1 Tation Ob 23.0% Oc2.0 O d. 23.4% Dustin is the CFO of Dr's Golf Swing improvements in which requires $1.000.000 in financing over the next two years. Di's can borrow long-term at 9 percent interest per year for two years. Alternatively on on FINIS POVI Bom 2 Chapter Quest 11 Not yet A company requires a 12-month loan of $100.000 and borrows on a discount interest basis at a nominal rate of 3.2. If the company must actually receive $100.000 net proceeds, calculate the face value of the note Point out of Select one Os 5101306 Ob 5113,636 Oc $101.200 d. $123.967 Questo 12 No yel Calculate the annual cost of failing to take a cash discount under the following terms 2/14, net 31 Phon Select one a 43% OC 23 Od 25% A firm plans to borrow 5864,077 for one year. The bank will end the money at 17 percent and requires a compensating balance of 6 percent What is the effective rate of interest? 13 Not yet wered Points out of 1 Select one O a. 18.1 Tation Ob 23.0% Oc2.0 O d. 23.4% Dustin is the CFO of Dr's Golf Swing improvements in which requires $1.000.000 in financing over the next two years. Di's can borrow long-term at 9 percent interest per year for two years. Alternatively on on