Which bank should XYZ Inc borrow the required

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Question - XYZ Inc. plans to borrow $4 million to partially finance its investment. Investment A European bank has agreed to provide the 25 year loan. According to the XYZ Inc. will have to pay back $77,482.28 every quarter under the terms of the loan.A Canadian bank offers the same 25-year loan. The payments would, in this case. The payments would be $170,534.84 every six months. From which bank should XYZ Inc. borrow the required $4 million?

Reference no: EM133089481

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