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30) You purchase a home for $100,000 and borrow $75,000. Total leverage is calculated by dividing $75,000 by $100,000. This ratio is called: Question 31 1pts 31) Wolverine Manufacturing has just secured a commitment for a $40 million working capital line of credit from CitiBank. The terms of the loan are for 2 years with the interest rate floating at 30 day Lbor plus 350 bps, with a ceiling of 8% and a floor of 30 day Libor =3.98% on the day of closing. What was Wolverine's initial rate of interest