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Also, for (b) sterling fixed rate secured bank term loan,
how do i get the issue of 44.93?
I have seen your other forum (https://opentuition.com/topic/mctee-605/) but i can get neither of the issue 44.93 nor the net (of issue cost) amount of 44.48.
My calculations are 50m / 101% * 100% = giving me a 49.5m issue 🙁
Thank you!!
