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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. Select one: a. $160,000

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

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