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Please explain it in detail. QRS Corporation forecasted its total funding requirements for the coming year as shown in the table below: Month January February
Please explain it in detail.
QRS Corporation forecasted its total funding requirements for the coming year as shown in the table below: Month January February March April May June July August September October November December Total funding requirements (SS) 40.000 60,000 110,000 40.000 80,000 70,000 140,000 40,000 60,000 70,000 50,000 60,000 QRS Corporation was informed by its bank that short-term loans cost 6.8%p.a. and long-term loans cost 8.2%p.a.. Calculate the total cost (to 2 decimal places) of each of the following strategy a) An aggressive funding strategy. (3 marks) b) A conservative funding strategyStep by Step Solution
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