A fee charged by a lender to reserve a particular interest rate on a loan is a/an:

A. Lock in
B. Prepayment penalty
C. Origination fee
D. Rate cap

Answer: A. Lock in

Business

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What are taxes payable for the Equity and Debt firm?

A) $240,000 B) $560,000 C) $300,000 D) $0

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