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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