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Question no . 2 : Recently, Avon Pvt . Ltd has taken a TL of 1 7 1 lakh to expand their organic chemical unit

Question no.2:
Recently, Avon Pvt. Ltd has taken a TL of 171 lakh to expand their organic chemical unit with a new set of plant and machinery at a total project cost of Rs.250 Laks. The interest rate for the Term Loan is 15% p.a. The loan will be repaid in 9 years, starting with 15 lakh in the first year of operation and an additional 1 lakh every year after that. The depreciation rate shall be applied with the WDV method 15% p.a. and tax 25%.
The estimated EBITDA for the expansion unit is as follows.
\table[[,1,2,3,4,5,6,7,8,9],[EBDIT,60,61,62,60,65,70,72,72,74]]
You have to complete the Ialculation of the Debt Service Coverage ratio of the project till the complete repayment of the TL. Also, if the bank has stipulated that the minimum DSCR should not be under 1.5 at any point, are there any incidents, of non-compliance with the covenants?
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