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When calculating a loan with a 20% compensating balance a firm would borrow___________ in order to have available funds of $200,000 When calculating a loan

When calculating a loan with a 20% compensating balance a firm would borrow___________ in order to have available funds of $200,000

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When calculating a loan with a 20% compensating balance a firm would borrow in order to have available funds of $200,000. a. $200,000 b. $250,000 C. $160,000 d. $260,000

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