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help please 4. How much will Casino.com Corporation owe on this loan after making monthly payments for three years (the amount owed immediately after the
help please
4. How much will Casino.com Corporation owe on this loan after making monthly payments for three years (the amount owed immediately after the thirty-sixth payment)? 5. Should this loan be refinanced after three years with a new seven-year 7% loan, if the cost to refinance is $250,000? To make this decision, calculate the new loan payments and then the present value of the differ- ence in the loan payments. 6. Returning to the original ten-year 8% loan, how much is the loan payment if these payments are quarterly rather than monthly payments? Mini-Case Present Value Casino.com Corporation is building a $25 million office building in Las Vegas and is financing the construction at an 80% loan-to-value ratio, where the loan is in the amount of $20,000,000. This loan has a ten-year matu- rity, calls for monthly payments, and has a stated interest rate of 8%. Assignment is Using this information, answer the following questions. 1. What is the monthly payment? 2. How much of the first payment is interest? 3. How much of the first payment is principal
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