Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The bank has determined the information below for one of its customers

The bank has determined the information below for one of its customers

Finance

The bank has determined the information below for one of its customers. This customer wants to borrow $1,000,000 but will maintain an average deposit balance in its account of $200,000. What is the expected net rate of return on this loan? Expected Revenues Interest Revenues Commitment Fee Deposit Service Fees Agency Fees Expected Costs $1,000,000 Deposit Interest $30,000 $15,000 Cost of Other Funds Raised 5885,000 $5,000 Loan Processing Costs $8000 $6000 Activity and Record Keeping Costs $10,000 10.88 percent 14.00 percent 10.25 percent 12.75 percent None of the above

Option 1

Low Cost Option
Download this past answer in few clicks

2.86 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE