A loan commitment of 429 million has an up-front fee of 50


A loan commitment of $4.29 million has an up-front fee of 50 basis points and a back-end fee of 25 basis points. The take down on the loan is 60 percent. Calculate the total fees you will pay on this loan commitment. (Round your answer to 2 decimal places.)

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Finance Basics: A loan commitment of 429 million has an up-front fee of 50
Reference No:- TGS0602050

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