Question
A loan commitment of $4.41 million has an up-front fee of 90 basis points and a back-end fee of 45 basis points. The take down
| A loan commitment of $4.41 million has an up-front fee of 90 basis points and a back-end fee of 45 basis points. The take down on the loan is 60 percent. |
| Calculate the total fees you will pay on this loan commitment. (Round your answer to 2 decimal places.) |
| Total fee |
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Derivatives And Internal Models
Authors: H. Deutsch
4th Edition
1349307661, 9781349307661
