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Friedman Roses Inc. needs $80,000 in funds for expansion. With a compensating balance requirement of 19%, how much will the firm need to borrow? (Round

Friedman Roses Inc. needs $80,000 in funds for expansion. With a compensating balance requirement of 19%, how much will the firm need to borrow? (Round your answer to the nearest dollar amount.) Multiple Choice $18,765 O $98,765 $80,000 $98,815 13

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