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Your company is planning to make an offer of $67 per share. You applied for low interest loans and will receive the followings: a) 4-years
Your company is planning to make an offer of $67 per share. You applied for low interest loans and will receive the followings: a) 4-years loan of $4 million, zero interest b) 28-years loan of $4 million, 4% interest, while the normal borrowing rate is 6%. How much is the interest subsidy worth
Your company is planning to make an offer of $67 per share. You applied for low interest loans and will receive the followings:
a) 4-years loan of $4 million, zero interest
b) 28-years loan of $4 million, 4% interest,
while the normal borrowing rate is 6%. How much is the interest subsidy worth
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