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10. As financial Manager, your company is deciding to go for a loan from a bank valued at $300,000,000. Your company records an annual income
10. As financial Manager, your company is deciding to go for a loan from a bank valued at $300,000,000. Your company records an annual income of $99,500,000 and is able to provide collateral worth $181,000,000. If the threshold acceptable for granting loans to corporate entities is half of total annual income, should your company be granted the loan? Prepare a repayment schedule for this loan contract using interest-only, straight line and reducing balance method assuming the loan is granted
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