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junior college 2 | H3 Maths
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Hi, could someone help me solve this question, please? Thank you very much!
Given that short-term funds cost 6% annually and that long-term funds cost 8% annually, calculate the total cost of each of the following strategies:
(i) An aggressive funding strategy.
(ii) A conservative funding strategy.
(iii) TWO (2) risks for aggressive funding strategy?