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A loan commitment of $4.28 million has an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take down

A loan commitment of $4.28 million has an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take down on the loan is 40 percent. Calculate the total fees you will pay on this loan commitment.

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