duhitzmay8918 duhitzmay8918

06-02-2024
Business

contestada

June Corporation needs $125,000 to pay its bills. Assuming that June currently holds no funds at the bank and the loan requires a 15% compensating balance to be maintained with the bank, June will have to borrow:

a) $117,647
b) $125,000
c) $147,059
d) $150,000

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