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BPP P&R Kit – Question 35 PANDAR
Can anyone explain the issue of the 8% loan note?
Please help me i don’t understand this point
8% loan note is $2 million ($50 million x 8% x 6/12).and then pre-acquisition ((21 million + 2 million interest) x 6/12)………..why we multiplied it twice to me the pre acquestion is equal only 12500 (21000 * 6/12)+ ($50 million x 8% x 6/12).=12500
Thanks
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