I am looking to create a template to solve for x in financial world. my efforts to do this made me realize that my ambitions are outrunning my capabilities.
Scenario
I want a quick way to work toward a blended rate.
So, if my loan is $950M
and the main facility is $900M at 6.5%
and the blended rate cap is 7%
what rate can the participant portion of $50M be set at?
To figure the blended rate normally, I take the Sum(($*%)+($*%))/Facility amount.
I want to be able to solve for $ or % when needed.
I appreciate any feedback!
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