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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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