Question
A loan commitment of $4.36 million has an up-front fee of 65 basis points and a back-end fee of 35 basis points. The take down
A loan commitment of $4.36 million has an up-front fee of 65 basis points and a back-end fee of 35 basis points. The take down on the loan is 50 percent.
Calculate the total fees you will pay on this loan commitment.
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
