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II Amortization A $100 million loan carries a fixed rate of 5%. Interest is paid semi-annually. Ignore day-count conventions here - just assume a half-year.

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II Amortization A $100 million loan carries a fixed rate of 5%. Interest is paid semi-annually. Ignore day-count conventions here - just assume a half-year. The amortization schedule is 20% at the end of the year begging at the end of year 3. Fill in the table, as in the lecture, with the following columns Date Interest Principal Total Payment Principal Remaining

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