Why do banks charge up-front fees and back-end fees on loan commitments?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:55 AM

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Why do banks charge up-front fees and back-end fees on loan commitments?

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In return for making the loan commitment the bank ...View the full answer

Finance Applications and Theory

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