A bank has made a three year,$10 million loan that pays annual interest of 8 percent The principal is die at the end of the third year a) The bank is willing to sell this loan with recourse at an 8 5...

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A bank has made a three year,$10 million loan that pays annual interest of 8 percent The principal is die at the end of the third year a) The bank is willing to sell this loan with recourse at an 8 5 percent discount rate What should it receive for this loan need details ...

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A bank has made a three-year,$10 million loan that pays annual interest of 8 percent. The principal

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A bank has made a three-year,$10 million loan that pays annual interest of 8 percent. The principal

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