The MagicSol Company offers loans on a preferential term to employees who have been working for a minimum of 5 years at the company. You have found a nice flat which your savings with a loan would be sufficient to buy. You would like to apply for a company loan of 10 000 000 HUF at an interest rate of 3%. You have to repay the loan in the coming 10 years in equal yearly payments. (Payments take place at the end of the year, the first redemption is due at the first year.) Calculate the NPV of the loan if you know that the banks are offering the same kind of loans at a rate of 4%. (There are 3 correct answers.) a. The AF you can use for the net present valu calculation is AF(10 years, 3%): 8.5302