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Randa Muhtaseb intends to borrow $5,000,000 for one month, and is evaluating the cost of a line of credit at 6.0% with a 0.25% commitment

Randa Muhtaseb intends to borrow $5,000,000 for one month, and is evaluating the cost of a line of credit at 6.0% with a 0.25% commitment fee on the full amount with a 10% compensating balance. The effective cost of credit is: O 6.25% 6.94% 6.00%

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