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Your firm has a line of credit ( LoC ) with RBC with a limit of $ 6 . 5 mln . The APR on
Your firm has a line of credit LoC with RBC with a limit of $ mln The APR on the LoC is and the commitment fee rate is If you borrow $ for the first six months of the year and $ for the next six months, how much will you pay in interest and fees?
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