You are finalizing a bank loan for $200,000 for your small business and the closing fees payable

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You are finalizing a bank loan for $200,000 for your small business and the closing fees payable to the bank are 2% of the loan. After paying the fees, what will be the net amount of funds from the loan available to your business?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:01 AM

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You are finalizing a bank loan for $200,000 for your small business and the closing fees payable

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Fundamentals of Corporate Finance

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