Question: please step by step clearly thanks a lot JSS Ltd has forecasted its total funds requirements for the coming year as shown in the table
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clearly
thanks a lot
JSS Ltd has forecasted its total funds requirements for the coming year as shown in the table below: Given that short-term funds cost 5% annually and that long-term funds cost 8% annually, calculate the total cost of each of the following strategies: (i) An aggressive funding strategy. (4 marks) (ii) A conservative funding strategy. (2 marks) (iii) Discuss TWO types of risk a firm may face in the use of aggressive funding strategy. (2 marks)
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