Volatility of the asset value

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A firm wants to borrow $3,000,000 million to buy an asset whose current value is $3,130,469 million. The firm wants to take out the loan for 2 years. The volatility of the asset's value is 19.00%. The risk free rate of interest is 1.50%. The dollar value of this loan to the bank is?

Reference no: EM133111758

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