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Question 1 Calculate the total cost of a five-year loan with the following features: Amount borrowed - USD 100 million Interest rate - 3% per

Question 1

Calculate the total cost of a five-year loan with the following features:

Amount borrowed - USD 100 million

Interest rate - 3% per annum

Arrangement fee (to be paid upfront) 2% of the loan value

Repayment terms full amount to be repaid at the end of the loan period

With an excel spreadsheet please

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