Question: We are considering constructing a new $130 million 320-suite tower on our Venetian property. Please compute the current cost of using each of these financing

We are considering constructing a new $130 million 320-suite tower on our Venetian property. Please compute the current cost of using each of these financing options.

A potential $71 million line of credit. Weve been quoted 4% interest accrued annually, but the line comes with a 15% compensating balance.

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