A loan commitment of 432 million has an up-front fee of 80, Financial Management

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A loan commitment of 432 million has an up-front fee of 80

A loan commitment of $4.32 million has an up-front fee of 80 basis points and a back-end fee of 50 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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Financial Management: A loan commitment of 432 million has an up-front fee of 80

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Financial Management: A loan commitment of 432 million has an up-front fee of 80

Reference No:- TGS01256299

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