Question 3: X = 17914 A company needs to increase its working capital to X riyals, the Chief Financial Officer (CFO) decide to Get a 1-year short-term loan from the bank at an interest rate of 8%, note that is required to keep 20% as a compensating balance. 1- Find the Face Value of Commercial Papers to collect X riyals. FV2 = ? 2- Find the effective interest rate of this type of financing. EIR2 = ? Question 3: X = 17914 A company needs to increase its working capital to X riyals, the Chief Financial Officer (CFO) decide to Get a 1-year short-term loan from the bank at an interest rate of 8%, note that is required to keep 20% as a compensating balance. 1- Find the Face Value of Commercial Papers to collect X riyals. FV2 = ? 2- Find the effective interest rate of this type of financing. EIR2 =