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OD, all of the above 43 Suzannis Treasurer of Pettersen Golf Vacations Inc. Suran wants to take out a loan to expand her golf travel
OD, all of the above 43 Suzannis Treasurer of Pettersen Golf Vacations Inc. Suran wants to take out a loan to expand her golf travel company Suzern is considering borrowing $10,000 for one year atas interest Suram would like to know what is the effective rate of interest if the loan is discounted and requires a 10% compensating balance! out of 1 Select one: O A 8.703 O 0.9.76 O C. 10.39% O D. None of the above 44 Commercial paper has which of the following advantages: nd of Select one O A It may be issued below the prime rate. B. It requires no compensating balances. O C.It must be secured by corporate assets to protect the buyer. O D. a and b are both correct 45 Brooke is Treasurer of Henderson Birdie Machines Inc Brooke would like to know what is the effect rate of interest if she can borrow $10,000 for 60 days at a cost of $200 interest tofi Select one O A 9.90% O 8. 10.50 O C. 11.50% OD 12.00%
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