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Imagine that a friend has just inherited $6,000,000 and is considering loaning it all to the company your group has researched. The loan will be
Imagine that a friend has just inherited $6,000,000 and is considering loaning it all to the company your group has researched. The loan will be repaid in three years, the market rate of interest paid annually. What is your recommendation? Loan or do not a loan? Why?
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