Question: Check my work Problem 18-02 Calculating Fees on a Loan Commitment (LG18-1) A loan commitment of $4.40 million with an up-front fee of 40 basis

Check my work Problem 18-02 Calculating Fees on a Loan Commitment

Check my work Problem 18-02 Calculating Fees on a Loan Commitment (LG18-1) A loan commitment of $4.40 million with an up-front fee of 40 basis points and a back-end fee of 25 basis points. The take-down on the loan is 40 percent. Calculate the total fees you will pay on this loan commitment. Total fees

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