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Natali [406]
2 years ago
5

Which of the following types of credits would best describes home equity loans? a. closed and secured b. closed and unsecured c.

open and secured d. open and unsecured please select the best answer from the choices provided a b c d
Business
1 answer:
Mandarinka [93]2 years ago
7 0

The home equity loans are such loans often associated with line of credits and are for a short term. Such loans are open and secured types of credit facility.

<h3>What are home equity loans?</h3>

Home equity loans are generally referred to as such loans where the home of the borrower is kept as collateral and is open to be utilized for any legal purpose.

It is generally given for a short term and the repayment is often done monthly over a span of the entire term of the loan. As the collaterals can be used by the banks in case of defaults by the borrower, it is a secured type of loan.

Hence, option C; the above-mentioned facts describe that a home-equity loan is an open and secured type of credit facility.

Learn more about home-equity loans here:

brainly.com/question/20987976

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Colgate-Palmolive Company has just paid an annual dividend of $ 1.50$1.50. Analysts are predicting dividends to grow by $ 0.12$0
klio [65]

Answer:

The price does the​ dividend-discount model predict Colgate stock should sell for​ today is $66.47

Explanation:

In order to calculate the price does the​ dividend-discount model predict Colgate stock should sell for​ today we would have to calculate first the Present value of dividend of next 5 years as follows:

Present value of dividend of next 5 years as follows=

Year Dividend Discount factor Present value      

a             b          c=1.085^-a             d=b*c      

1 $       1.62 0.921659 $       1.49      

2 $       1.74 0.849455 $       1.48      

3 $       1.86 0.782908 $       1.46      

4 $       1.98 0.721574  $       1.43      

5 $       2.10 0.665045 $       1.40      

Total                                   $       7.25

Then, we have to calculate the Present value of dividend after 5 years as follows:

Present value of dividend after 5 years=D5*(1+g)/(Ke-g)*DF5

Present value of dividend after 5 years=$2.10(1+6%)/(8.50%-6%)* 0.665045

Present value of dividend after 5 years=$59.22

Current value of stock=Present value of dividend of next 5 years+ Present value of dividend after 5 years    

Current value of stock= $7.25+$59.22      

Current value of stock=$66.47        

The price does the​ dividend-discount model predict Colgate stock should sell for​ today is $66.47

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When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in th
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wlad13 [49]

Answer:<em> Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.</em>

In the above question, the following is the example of negative externality: <u><em>smoking harms the health of nonsmokers who are nearby.</em></u>

Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.

<u><em>Therefore, the correct option is (c)</em></u>

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Answer:

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Explanation:

Geerte Hofstede's theory of national cultural established 5 dimensions:

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