The lockdown of 2020 has turned many people into alcoholics. You decide to place an order for Boll & Cie champagne for distribution and for consumption (mostly for consumption). You finance this with...

Extracted text: The lockdown of 2020 has turned many people into alcoholics. You decide to place an order for Boll & Cie champagne for distribution and for consumption (mostly for consumption). You finance this with a curocurrency loan for EUR 131.3. This is a 1 year loan. You choose Deutsche Bank (DB) as the syndicate lead because they will probably be bankrupt soon and you might skirt your debts. DB charges a syndication fee of 0.8%. The interest rate is set as LIBOR + 1.65. The initíal LIBOR rate is 5.5. Interest is payble semi-annually. What is the effective annual cost for the first six months? O a. 0.07150 O b. 0.07208 O c. 0.03575 O d. 0.05500 O e. 0.05544 O f. Not enough information O g. 0.03604