Question: I need help finding AIC (IRR) Mohammad tried one last time to explain the loan structure offered by the company's UAE bank. His boss just


I need help finding AIC (IRR)
Mohammad tried one last time to explain the loan structure offered by the company's UAE bank. His boss just stared at him. Mo explained the detailed calculation of annual interest and principal payments, step-by-step, as detailed by the bank. c. If the same loan was structured as a normal amortizing loan: 1 2 3 5 0 5,000,000 Payments IFunds raised Interest payment Principal payment Total cash flows (410,000) (848,890) (1,258,890) (340,391) (918,499) (1,258,890) (265,074) (993,816) (1,258,890) (183,581) (1,075,309) (1,258,890) (95,406) (1,163,485) (1,258,890) 5,000,000 AIC (IRR)
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