P 20-9 (similar to) Question Help Your firm has a committed line of credit with your bank with a commitment fee of 0.7% (EAR) and an interest rate of 58% (EAR) The total line is $800,000) and you borrowed $300,000 at the beginning of the year. If you repay the $300,000 at the end of the year, what is your total cost in dollars of the interest and commitment fee? What is this costas a percentage of the amount you borrowed? Your total cost, in dollars of the interest and commitment fees (Round to the nearest dollar) 0 0 10 (or