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A company borrows a loan for 4 million at 10% for 25 years with 3% repayment penalty 5 years has past and a new loan

A company borrows a loan for 4 million at 10% for 25 years with 3% repayment penalty 5 years has past and a new loan comes on the market for 8.5 and 20 years and 4% origination fee.

should the company jump on the new loan if the discount rate is 6.5%

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