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The private equity fund is considering a proposal to finance this acquisition with 1B in new debt and 500M in equity from the private equity fund. The new debt will come from a new bank loan at an interest rate of 6%. The private equity fund has estimated that it can increase the company's EBIT by 10% starting in 2018. The private equity fund is also reducing dividends and share repurchases to zero starting in 2016. Other forecasts are unchanged.
The total interest payment following the acquisition will be ________.
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