Question: QUESTION 11 A $200 million loan commitment has an up-front fee of 20 basis points and a back-end fee of 25 basis points on the

QUESTION 11

A $200 million loan commitment has an up-front fee of 20 basis points and a back-end fee of 25 basis points on the unused portion. If 25 percent of the commitment is taken down, the total fees are

$250,000.

$4,000,000.

$400,000.

$775,000.

$375,000.

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