Calculating Fees on a Loan Commitment Calculate the total fees a firm would have to pay when

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Calculating Fees on a Loan Commitment Calculate the total fees a firm would have to pay when its bank offers the firm the following loan com- mitment: 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. (LG1)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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