Prepare a table to explain the differences in cash flows and explain the difference in payback of the loan compared to a $1 million revenue bond with a coupon rate of 5%. Both have terms of 10 years.
| Year | Loan Payment | Loan balance remaining | Bond payment | Bond balance remaining |
| 0 | 1,000,000 | 1,000,000 | ||
| 1 | ||||
| 2 |
