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plz do all 13 steps Save Part 1 of 13 Points: 0 of 1 Raid Gauloinen, Raid Gordoen is a rapidly growing French sporting poods

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Save Part 1 of 13 Points: 0 of 1 Raid Gauloinen, Raid Gordoen is a rapidly growing French sporting poods and adventure racing outfiter. The company has decided to borrow 19,000,000 via a euro eurofonding rate loan for four years, Raid must decide between two competing loan offers from two of its banks Banque de Paris has offered the four year debt at euro-LIBOR + 2% with an up front initiation fee of 1.800%. Banque de Sorbonne, however, has offered nuro-LIBOR 2.5% a higher spread, but with no loan initiation foes up front, for the same form and principal. Both banks reset the interest rate at the end of each year. Euro-LIBOR is currency 3.000% Raid's economist forecasts that LIBOR wil rive by 0.500 percentage points each year Banque de Sorbonne, however, of only forecasts euro-LIBOR to begin trending upward at the rate of 0.250 percentage points per you. Raid Goes cost of capital in 11% Which toan proposal do you recommend for Raid Guties? For the Banguw de Purs toan, the cash flow for Your On D. Round to the nearest euro)

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