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maw [93]
2 years ago
9

Why do you think consistency is so important between the Loan Estimate and the Closing Disclosure?

Business
1 answer:
Andrews [41]2 years ago
8 0

Answer:

<u>~Senpi boi here~</u>

<u><em>I think that the consistey is so important between the Loan Estimate and the Closing Disclosure is because this can help you understand all the costs involved in getting a mortgage and make it harder for lenders to take advantage of you. And to identify any discrepancies. Also the Loan Estimate shows what you may pay. The Closing Disclosure shows what you will pay.</em></u>

(Hope this helps!)

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The YTM on a 2 year zero coupon bond is 5% and the YTM on a 1 year zero coupon bond is 3%. What does the no-arbitrage condition
tresset_1 [31]

Answer:

<em>$111.11 or 111.11% of face value</em>

Explanation:

Assuming the face value of $100 for all bonds (without loss of generality)

If the two year coupon bond is repackaged as a one year zero coupon bond paying $12 after one year and another two year bond paying $112 after 2 years, the price of the two zero coupon bonds are given as

Price of one year Zero coupon bond = 12/1.05 = $11.43 (one year ZCB has YTM of 5%)

Price of two year Zero coupon bond = 112/1.06^2 = $99.68 (two year ZCB has YTM of 6%)

So, one can sell the repackaged bonds at a price = $11.43+ $99.68 = $111.11 or 111.11% of face value

7 0
3 years ago
On december 2017 coolwear had a balance in its prepaid insurance acount of 68,400. During 2018, 106,000 was paid for insurance.
NNADVOKAT [17]

Answer:

$132,400

Explanation:

Calculation for the Insurance expense

Using this formula

Insurance expense= 2017 Ending Balance in prepaid insurance account+ Amount paid for insurance-2018 Ending Balance in prepaid insurance account

Let plug in the formula

Insurance expense=$68,400+$106,000-$42,000

Insurance expense=$132,400

Therefore the Insurance expense recorded 2018 would be $132,400

8 0
3 years ago
A client’s condition has resulted in a decrease in work demands of most cells in the body. Which change within the cell will lik
SVEN [57.7K]

Answer:

The correct answer to the following question will be "Decreased size of organelles".

Explanation:

  • Cell atrophy occurs in a decline in the size and number of cell cell types. Through cell atrophy, the cell reduced the absorption of oxygen and the development of mitochondria.
  • The size of the cell reduces. When faced with reduced work demands or unfavorable environmental factors, many cells are able to go back to a small size and to a lower and much more effective level of ability that is consistent with sustainability.
  • A reduction in the size of the cells is termed atrophy. The cell death cycle is not impaired.

Hence, it is the right answer.

6 0
3 years ago
Managers rarely have to manage multicultural teams within one organization in one location.
aleksklad [387]
<span>In today's world, even single-location facilities often draw a workforce composed of individuals from a plethora of different geographical, ethnic, social, and religious groups. As such, even a locally-oriented manager must be globally-minded, with an ability to manage across cultures to maximize the potential of his employees. As such, the answer here is certainly b. False.</span>
4 0
3 years ago
True or false: if hubert's fire engines were a competitive firm instead and $80,000 were the market price for an engine, decreas
Amanda [17]

FALSE

because hubert being a competitive firm, if it decreases the price of engine, demand increases and thus production increases. Therefore revenue also increases.

7 0
3 years ago
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