needed a, b & c answer

List the sources of short term and long term financing. Write short notes on (i) Bankers' acceptance (ii) Bid bond (iii) Commercial paper (iv) Line of 5 credit and (v) Trade credit. The Navana Company Ltd. needs to finance its short term financing needs of Tk. 5,00,000. 6 The funds are needed for 6 months. The company is considering the following possibilities: i) Terminal warehouse loan from a finance company. Terms are 12% annualized with an 70% advanced against the value of the inventory. The warehouse costs are Tk:3,500 per month. The residual financing needs which are 5,00,000 less the amount advanced will need to be financed by foregoing cash discounts on its payables. Standard terms are 2/10 net 50 . However, the company feels it can postpone payment until the fortieth day without adverse effect. ii) A floating lien arrangement from the bank. The bank will maintain a 10% compensating balance. Bank will charge 12% interest rate. iii) A factor will buy the company's receivables (6,00,000) which have a collection period of 60 days. The factor will advance up-to 90% of the face value of the receivables at 11% on an annual basis. The factor will also charge a 2% fee on all receivables purchased. It has been estimated that the factor's services will save the company a credit department expenses and bad debt expenses of 3,000 per month