Question: Assume a bank makes a loan commitment to the value of $20m stafeed Interest rate of 10 per cent B.a. for a period of one
Assume a bank makes a loan commitment to the value of $20m stafeed Interest rate of 10 per cent B.a. for a period of one year. Assume the borrower only uses 50 per cent of the prodded and over the course of the year. It the bank charges a backend toe of 0,5 per cent, what to the additional revenue the bank would generate? None, unless the loan is prepaid early O $2500 Oc950000 Od. None of the option is correct O $25000
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