Multiple Choice
Which of the following is true of commitment fees?
A) Commitment fees are in the neighborhood of one quarter of 1% per year.
B) Commitment fees are approximately three-fourth of 1% per year.
C) Commitment fees are usually half of the risk-free rate.
D) Commitment fees are in the neighborhood of the risk-free rate.
Correct Answer:
Verified
Correct Answer:
Verified
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