5. RM Real Estate is issuing $10 million of go-day commercial paper at a rate of 4.50%. Their investment banker has told them that they may be able to issue at a lower rate of 4.00% if they are able to obtain standby letter of credit (SBLC) from their bank. The bank usually charges 40 basis points for issuing SBLCs. Should they request a SBLC? 6. 6. Assume GE receives a loan commitment from Wells Fargo Bank for $100 million with the following payment terms: 5-year loan commitment to lend at a fixed rate of 6%. The commitment fee is 75 basis points (bps) per year and the unused loan fee is 25 bps per year. What is the net effective rate paid by GE if it borrows $70 million of the $100 million in a given year? 7. Assume Google receives a loan commitment from its bank for $50 million with the following payment terms: 5-year commitment to lend at SOFR plus 1%. The commitment fee is 25 bps (0.25%) and the unused loan fee is 15 bps (0.15%). What is the net cost of the loan if google borrows $35 million of the $50 million for a year? Assume the SOFR rate is 5.0%