Working Capital Management FIN3702 (FIN3702)
University of South Africa (Unisa)
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FIN3702 Assessment 2 fin3702 SEMESTER 1 2024 SEARCHABLE DOCUMENT
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FIN3702 Assessment 2 fin3702 SEMESTER 1 2024 SEARCHABLE DOCUMENT
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FIN3702 Assessment 2 FIN3702 SEMESTER 1 2024 SEARCHABLE DOCUMENT Commercial banks lend unsecured short-term funds in the following three basic ways Tinashe Mining borrowed R100 000 for one year under a line of credit with a stated interest rate of 7.5%
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FIN3702 Assessment 2 FIN3702 SEMESTER 1 2024 SEARCHABLE DOCUMENT 
 
Commercial banks lend unsecured short-term funds in the following three basic ways 
 
Tinashe Mining borrowed R100 000 for one year under a line of credit with a stated interest rate of 7.5% and a 15% compensating balance. Normally, the firm keeps almost no money in its checking account. Based on this information, the effective annual interest rate on the loan is approximately … 
 
In the next planning period, a firm plans to ...
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FIN3702 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
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FIN3702 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ......... Question 
1 
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QUIZ 
Commercial banks lend unsecured short-term funds in the following three basicways. 
1. 
Single-payment notes, lines ofcredit, and commercial paper. 
2. 
Single-payment notes, lines ofcredit, and revolving creditagreements. 
3. 
Single-payment notes, revolv...
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FIN3702 Assignment 1 (QUALITY ANSWERS) Semester 1 2024
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This document contains workings, explanations and solutions to the FIN3702 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4........ Question 1 
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Thyme Bank Ltd has offered Pizza 
Parlour Ltd the following in response to a 
R250 000 one-year loan application 
which was made to the bank. The stated 
rate was 9% and a 13% compensating 
balance. What will the effective annual 
rate be... 
O 1. 790% 
O2 375%, 
© ...
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FIN3702 Assignment 1 (QUIZ ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED.
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Well-structured FIN3702 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)......... Question 1 
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Thyme Bank Ltd has offered Pizza 
Parlour Ltd the following in response to a 
R250 000 one-year loan application 
which was made to the bank. The stated 
rate was 9% and a 13% compensating 
balance. What will the effective annual 
rate be... 
O 1. 790% 
O2 375%, 
© 3. 10.34%. 
O 4 13.00%. 
Question 2 
No...
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