A loan commitment of 442 million has an up-front fee of 35, Ask an Expert

Finance

A loan commitment of $4.42 million has an up-front fee of 35 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent.

Calculate the total fees you will pay on this loan commitment. (Round your answer to 2 decimal places.)

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Category:- Basic Finance
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