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your firm needs to borrow $50,000 for one year. Which of the following loan options should you choose? -10.5% discount interest with 10% compensating balance

your firm needs to borrow $50,000 for one year. Which of the following loan options should you choose? -10.5% discount interest with 10% compensating balance requirement -12.25% discount interest -13.5% simple interest -11% simple interest with a 20% compensating balance requirement

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