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Suppose that the total DAI supplied to XYZ is 100 million, and 70 million is borrowed. The base rate for DAI is 2% with a

Suppose that the total DAI supplied to XYZ is 100 million, and 70 million is borrowed. The base rate for DAI is 2% with a slope of 8% until a utilization ratio of 70%, 30% thereafter. What is the borrow rate?

0.10

0.08

0.76

0.065

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