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Suppose that a firm has borrowed $2 million in the current year at 6% annual interest rate, with a commitment to repay the loan (principal
Suppose that a firm has borrowed $2 million in the current year at 6% annual interest rate, with a commitment to repay the loan (principal and interest) in equal bi-monthly instalments over 10 years. Calculate from the lenders perspective: Show your calculation. a) The complete total bi-monthly cash flow stream
b) The complete principal stream of the cash flow
c) The complete interest stream of the cash flow
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