Calculate the total fees a firm would have to pay when its bank offers the firm the
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Calculate the total fees a firm would have to pay when its bank offers the firm the following loan commitment: A loan commitment of $4.25 million with an up-front fee of 75 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent.
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Upfront fee 425m 00075 318...View the full answer
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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