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Source of Funds Interest Rate Borrowing Limit Parents 1.5% $11,000 Friends 5% $1,000 Bank loan 11% $17,000 Credit card 15% $6,000 Rachel can raise capital
Source of Funds Interest Rate Borrowing Limit Parents 1.5% $11,000 Friends 5% $1,000 Bank loan 11% $17,000 Credit card 15% $6,000
Rachel can raise capital from the sources in the popup window: LOADING... . What is Rachel's weighted average cost of capital if she needs to raise a.$10,000? b.$25,000? c.$35,000?
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