Apple recently made an offer of $77 per share. They will receive $7 billion in low-interest loans including: a 2-year loan of $2.5 billion, 1.5% interest a 30-years loan of $4.5 billion. 3.5% interest. If the normal borrowing rate is 9%, how much is the interest subsidy worth?

Answer rating: 100% (QA)

Ans To calculate the interest subsidy we need to find out how much interest Apple would pay under no... View the full answer