Table 12.3 shows that syndicated loans increased from ($502) billion in 1994 to ($1,398) billion in 2001.

Question:

Table 12.3 shows that syndicated loans increased from $$502$ billion in 1994 to $$1,398$ billion in 2001.

(a) Determine the annual compound growth rate of the syndicated loans from 1994 to 2001.

(b) Determine the annual simple growth rate of the syndicated loans from 1994 to 2001.

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Global Corporate Finance Text And Cases

ISBN: 9781405119900

6th Edition

Authors: Suk H. Kim, Seung H. Kim

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Question Posted: May 22, 2024 06:03 AM

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Table 12.3 shows that syndicated loans increased from ($502) billion in 1994 to ($1,398) billion in 2001.

Question:

Table 12.3 International syndicated loans (billions of US dollars) Year Amount Year Amount 1994 502 1998 820 1995 703 2000 1,465 1996 1997 893 1,081 2001 1,398 2002 1,343 Source: Global Financial Stability Report, The International Monetary Fund, Washington, DC, Mar. 2003 and Mar. 2004 issues.

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Global Corporate Finance Text And Cases

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