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will rate and like thanks! 1. List and describe each of the five (5) methods of debt financing. 2. What are closing costs and how

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1. List and describe each of the five (5) methods of debt financing. 2. What are closing costs and how to they affect the effective interest rate? 3. What is a compensating balance and how does it affect the interest rate on a line of credit? 4. What is a commitment fee and how does it affect the interest rate on a line of credit? 5. What is trade financing? 6. List and describe the five (5) supporting documents that are typically required when applying for a loan? Juan at an ARP of 5

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