he total external debt of the Philippines is $ 77,319,196,000 or more or less ₱ 4 trillion. Suppose President Rodrigo R. Duterte wanted to pay the amount within his six-year term, what will be the semi-monthly payment needed if the World Bank requires at least 0.5% per half-month?

he total external debt of the Philippines is $ 77,319,196,000 or more or less ₱ 4 trillion. Suppose President Rodrigo R. Duterte wanted to pay the amount within his six-year term, what will be the semi-monthly payment needed if the World Bank requires at least 0.5% per half-month?

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter3: International Financial Markets

Section: Chapter Questions

Problem 2BIC

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