Gardenia company can acquire short-term finds at 4 and, Ask an Expert

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Gardenia Company can acquire short-term finds at 4% and long-term funds at 6%. Gardenia Company has a permanent working capital need of $100,000, and a seasonal working capital need that varies from $0 to $600,000, and averages $200,000. They can invest any excess funds at 3%. Calculate Gardenia's total cost of financing using an aggressive strategy.

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Financial Management, Finance

Category:- Financial Management
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