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:

Goal-directed Behavior

Actions taken with the intention of achieving a specific outcome or objective, showing purpose and direction in behavior.

Object Permanence

The understanding that objects continue to exist outside of sight.

Dishabituation

The recovery of attention after habituation; signifies that person recognizes a new stimulus.

Accommodation

In Piaget’s theory, the process by which schemas are modified or new schemas created in light of experience.