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Questo 46 Not yet wered Kim Seiyoung is the CFO of Kim's Golf instruction Inc. Kim would like to take out a loan for expansion

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Questo 46 Not yet wered Kim Seiyoung is the CFO of Kim's Golf instruction Inc. Kim would like to take out a loan for expansion and is told that the rate of interest is 10 percent, but a compensating balance of 15 percent is required. What is the effective rate of interest Kim would like to borrow $300.000 from her bank for one year? Select one A 10.11% OB 11.763 O C. 1 OD 14.12 47 Not yet Brandt is CFO of Snedker Golfing Adventures incBrandt can borrow at 9.5 for 1 year, what is the effective of interest on 1000,000 loan where a 15% compensating balance is required Points out of Python Select one O A 11.10 OB 17:27 OC. 9. SON O D. none of the above Questo 48 The Truth in Lending law is designed to protect Net wered Points out of 1 Flag question Select one: O A corporate borrowers OB banks O Cindividual consumers. O D. investors in municipal bonds. Lydia is CFO of Ko for Golf Inc. In order to expand her golfing operations. Lydia desires to borrow $3.500 for one year at 9% stated rate of interest. What is the effective rate of interest in the loan is discounted

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