Given the Following Information, What Is the Total Amount That

question 22

Multiple Choice

Given the following information, what is the total amount that has been drawn from the revolver?

Details:
Revolver: $100.0m
Term: 3 years
Annual commitment fee: 30 bps
Cash available for optional debt repayment:
Year 1: $40.0m
Year 2: $35.0m
Year 3: $32.0m

• A)$100.0m
• B)$30.0m
• C)$107.0m
• D)Revolver remains undrawn

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Definitions:

Nervous Mannerism

Behaviors or actions displayed by individuals when they are anxious or stressed.

Verbal Spacers

Filler sounds or words, such as "um," "like," or "you know," used by speakers during conversation to pause for thought without breaking the flow of speech.

Elevator Speech

A brief and persuasive speech used to spark interest in what a person, organization, or project does, often delivered in the time span of an elevator ride.

Philippic

A fiery, damning speech, or tirade, often directed against someone or something.