Repayment schedule and a summary of total interest paid

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Fiat Chrysler Inc needs $1,358,414,850 to finance a project. 50% of the financing ($679,207,425) will be done through a loan from ABC Bank. Develop the following:

  • An interest rate and length of loan
  • Repayment Schedule and a Summary of Total Interest Paid (amortization schedule)

The remaining 50% ($679,207,425) will be financed through equity as a 2:1 stock split. What will be the cost of equity?

Reference no: EM132443184

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