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Your company is planning to borrow $2.5 million on a 5-year, 13%, annual payment, fully amortized term loan. The data has been collected in the

Your company is planning to borrow $2.5 million on a 5-year, 13%, annual payment, fully amortized term loan. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below.

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Fundamentals of Corporate Finance

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