Calculate the cash flows at the end of six months

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Question: Assume that a one-year, £200,000 loan carries a coupon rate, a market interest rate of 11 percent, and that requires payment of accrued interest and one-half of the principal at the end of six months. Calculate the cash flows at the end of six months and at the end of the year, given the remaining principal and accrued interest are expected at the end of the year

Reference no: EM133210669

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