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 50 percent of the commitment is taken down, the back-end fee is
A)$250,000.
B)$4,000,000.
C)$400,000.
D)$775,000.
E)$375,000.

Question

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The Answer of 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 50 percent of the commitment is taken down, the back-end fee is
A)$250,000.
B)$4,000,000.
C)$400,000.
D)$775,000.
E)$375,000.

A $200 Million Loan Commitment Has an Up-Front Fee of 20