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Suppose that one of the incentives provided by Bangladesh to attract Nike into setting up a local production facility is an 8-year, USD 17 million

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Suppose that one of the incentives provided by Bangladesh to attract Nike into setting up a local production facility is an 8-year, USD 17 million loan at 5.75%. The principal is to be repaid at the end of the 8th year. The market interest rate on such a loan is 9.45%. With a marginal tax rate of 20%, how much is this loan worth to Nike? O a USD1.882 million Ob USD3.306 million Oc USD3.424 million d. USD3.945 million O e None of the options this is question are correct

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