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

Multiple Choice

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 the FI bought call options on bonds with a face value of $50 million, what is the minimum amount of the stockholder's potential true net worth?

A) $10 million.
B) $70 million.
C) $110 million.
D) $790 million.
E) $850 million.