Calculate the total fees a firm would have to pay when its bank offers the firm the

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Calculate the total fees a firm would have to pay when its bank offers the firm the following loan commitment: A loan commitment of $4.25 million with an up-front fee of 75 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent.


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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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