Question: Answer is 23.33%. Just need help solving it Commercial Loan Underwriting Three Year Hold (Value of project 10,000,000 * Partially Amortizing Loan Amount =7,000,000; Interest

Answer is 23.33%. Just need help solving it
Answer is 23.33%. Just need help solving it Commercial Loan Underwriting Three

Commercial Loan Underwriting Three Year Hold (Value of project 10,000,000 * Partially Amortizing Loan Amount =7,000,000; Interest Rate -5.25% Amortization Period 25 years: Term 3 years Points:220.000 liter Rate TCF 25134,200; BTCF2 136,800 BTCF3 = 142,300 Net Sale Price 12,000,000) What is the IRR for this investment? Answers: 23.33% 7,000,000 10,000,000 10,540,000 9,000,000 10,240,000 8,000,000 11,240,000

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