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Pipeline Pharmaceuticals has a one-year $2 million line of credit at an interest rate of 5% (EAR). The loan has a loan origination fee of

Pipeline Pharmaceuticals has a one-year $2 million line of credit at an interest rate of 5% (EAR). The loan has a loan origination fee of 2%. What is the actual interest rate paid? O A. 5% O B. 7.1% O c. 7.14% OD. 5.9% O E. 7%

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