Question: Download the attached excel template. You will require it for the next three questions. Excel file download: Lending to Complex Structures - Liquidation_Scenerio (BLANK).xlsx Assume

Download the attached excel template. You will require it for the next three questions. Excel file download: Lending to Complex Structures - Liquidation_Scenerio (BLANK).xlsx Assume a net realizable value of 50% on the liquidation of assets for the chained group. Also, assume that the liabilities would be paid out pari passu upon liquidation.

Download the attached excel template. You will require it for the next three questions. Excel file download: Lending to Complex Structures - Liquidation_Scenerio (BLANK).xlsx

How much of Finco Ltd.s intercompany loan to Real Estate Ltd. is expected to be paid out upon liquidation?

nil.

$176 million.

$320 million.

$340 million.

Parental Ltd. Liabilities & Owners Equity Equity Debt Assets 100 Investment in Real Estate Ltd. 100 Investment in Finco Ltd. Assets 200 100 75 25 200 Total Real Estate Ltd. Liabilities & Owners Equity Equity Debt Due to Finco Ltd. Total Assets 100 Investment in Assembler Ltd. (50%) 400 Assets 340 840 200 640 840 Finco Ltd. Liabilities & Owners Equity Equity Debt Assets 125 Investment in Assembler Ltd. (50%) 475 Assets Due from Real Estate Ltd. 200 60 340 600 Total 600 950 Assembler Ltd. Liabilities & Owners Equity Equity Debt Trade payables Total Assets 600 Assets 270 80 950 950