Suppose XYZ Ltd. takes a loan of $10 million for a period of 4 years at the annual interest rate of 6 percent, compounded quarterly. If the loan contract requires the payment of interest only every quarter over the loan period of 4 years, and payment of the principal at the end of year 4, indicate cash inflows and cash outflows of XYZ from the loan. Assume now that the prevailing discount rate for the cash flows of the loan is 1.2% per quarter. Calculate the present value of cash outflows of XYZ from the loan