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22 points) The bank in Exercise 2.1 has determined to use 87% of the amount raived from selling bonds to a corporate borrower. The margin
22 points) The bank in Exercise 2.1 has determined to use 87% of the amount raived from selling bonds to a corporate borrower. The margin to compensate the bank for default risk for a particular customer is 0.50 percent. Sacombank wants to have a profit margin or 0.7 percent. The loan is repaid by annuity in 5 years. How much in total interest costs will the customer pay in 5 years? 22 points) The bank in Exercise 2.1 has determined to use 87% of the amount raived from selling bonds to a corporate borrower. The margin to compensate the bank for default risk for a particular customer is 0.50 percent. Sacombank wants to have a profit margin or 0.7 percent. The loan is repaid by annuity in 5 years. How much in total interest costs will the customer pay in 5 years
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