If UNL can borrow $1,000,000 from the bank at prevailing interest rates, payable in 15 years, how much debt service would they have on a yearly basis? What could happen if the loan was secured by the arena and the university defaulted on the loan? How would you advise the university, and how would you advise the bank?2-3 page document that demonstrates critically analysis of the material in and related to the course. The completed assignment will demonstrate an analysis of the readings, incorporate previous knowledge and the application of critical thinking skills. The submission should make evident a thorough understanding of material articulated at a graduate level. All submissions must incorporate aspects from the textbook, additional peer-reviewed materials and other related information properly cited and referenced. The submission must meet the standards for typed assignments for course including the use of additional academic sourcesrequired text: Fried, G., DeSchriver, T.D , & Mondello, M. (2019). Sport finance (4th ed.). Champaign, IL: Human Kinetics.