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How much is the amortization payment for Metrobank

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Reference no: EM132984999

Question - You are a finance officer of a company and you are asking to make a financial analysis. The company is planning to expand this coming year and one of its preparations is to construct a new plant site amounting to P1,500,000. The construction of the plant site will be financed through borrowings. Presented below are the available sources of funds and their quotations:

Metrobank: 3 years, 12% compounded semi annually

BDO: 4 years, 10% compounded annually

Landbank:  6 years, 8% compounded annually

How much is the amortization payment for Metrobank? BDO? Landbank?

Reference no: EM132984999

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