Question: Suppose that BearKat Enterprises issues a $ 3 5 0 million promissory note to a bank. The interest is 5 % payable once a year.

Suppose that BearKat Enterprises issues a $350 million promissory note to a bank. The interest is 5% payable once a year. The note matures in 8 years.
The cash flow at issue to BKE is $340 million.
What is the net cash outflow?
A. $(31.00)
B. $(56.00)
C. $(59.00)
D. $(150.00)
Suppose that BearKat Enterprises issues a $350 million promissory note to

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