Question: Problem 3 ( 1 point ) A company needs funds and its banking institution offers the following alternatives: - Option A: line of credit with

Problem 3(1 point) A company needs funds and its banking institution offers the following alternatives: - Option A: line of credit with a limit of 10,000 euros, annual nominal interest rate of \(5\%\), an originating fee of \(1\%\) on the requested credit limit and a quarterly commission \(0.25\%\) on the unused credit. - Option B: short-term loan of principal 8,000 euros, annual nominal interest rate \(4.75\%\), originating fee of \(1\%\) and notarial expenses of 50 euros. All interests and expenses will be paid in advance at the time of getting the money (discounted loan). The principal of the loan will be repaid entirely in a single payment in one year. If the company estimates that the average withdrawal of the credit line will be 8,000 euros: a) Show the estimated cost of the line of credit. (0.45 points) b) Show the cost of the loan. (0.45 points) c) Show which one is the most appropriate source of funding. Explain your answer (0.1 point)
Problem 3 ( 1 point ) A company needs funds and

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