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Citibank offers to syndicate a Eurodollar credit for the Romanian government. The principal is 1.25 million USD, with a 6 year maturity. The interest is

Citibank offers to syndicate a Eurodollar credit for the Romanian government. The principal is 1.25 million USD, with a 6 year maturity. The interest is LIBOR + 1.5%. The rate quarterly and there is 2% syndication fee. What are the net proceeds to country from this syndicated loan?

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