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Problem:

A loan commitment of $4.30 million has an up-front fee of 60 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent.

Required:

Question: Calculate the total fees you will pay on this loan commitment.

Note: Provide support for your rationale.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91162522

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