Calculate the annual deferred financing fees for Years 1 through 10 using the following assumptions:...
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Finance
Calculate the annual deferred financing fees for Years 1 through 10 using the following assumptions:
| ($ in millions) | |||
| Assumptions | |||
| Debt Instrument | Amount | Term | Fee |
| Bank Debt | $50 | 7 years | 1.75% |
| High Yield Bonds | $300 | 10 years | 2.00% |
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