Your sources and uses table for a proposed loan includes a loan amount of $800,000...
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Finance
Your sources and uses table for a proposed loan includes a loan amount of $800,000 and the purchase price of the asset to be purchased at $1,000,000. Which of the following is missing?
a.
Borrower cash equity of $200,000 as a source of cash
b.
Borrower cash equity of $200,000 as a use of cash
c.
Borrower cash equity of $1,800,000 as a source of cash
d.
Borrower cash equity of $1,800,000 as a use of cash
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