Question: stion 35 2 points Save Ana Caylor no needs to borrow $300,000 for the next 6 months. The company has a line of credit with

stion 35 2 points Save Ana Caylor no needs to borrow

stion 35 2 points Save Ana Caylor no needs to borrow $300,000 for the next 6 months. The company has a line of credit with a bank that allows the company to borrow funds with a 10% interest rate subject to a 25% of loan compensating balance. Currey, Caylor Inc. has no fundon deposit with the bark and will need the loan to cover the compennating balance as well as their other financing needs. What will be the annual percentage rots, or APR for this financing a. 10.00% 5.12.12% 0. 10.67% d. 13.33% Question 25 of 40 Moving to another Question will save this response

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