Problema loan commitment of 436 million has an up-front fee, Ask an Expert

Finance

Problem:

A loan commitment of $4.36 million has an up-front fee of 65 basis points and a back-end fee of 35 basis points. The take down on the loan is 50 percent.

Required:

Question 1: Calculate the total fees you will pay on this loan commitment.

Note: Please show how to work it out.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148361

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