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Indah deco sdn bhd requires additional short-term financing of RM300,000 for the next 6 months. the company is considering borrowing from XYZ Bank at teh

Indah deco sdn bhd requires additional short-term financing of RM300,000 for the next 6 months. the company is considering borrowing from XYZ Bank at teh arte of 10% per year and a 15% compendating balance is required. assuming that Indah deco. what is the cost of borrowing

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