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2 years ago

If you need a mortgage for a home purchase, what should your first course of action be?

1 answer:

5 0

We can actually deduce here that if one needs a mortgage for a home purchase, the first course of action will be: C. Visit loan officers at various lending institutions and apply for the loan.

<h3>What is mortgage?</h3>

Mortgage refers to a loan that buyers of real properties place in order to raise funds which they can use to buy real estate.

Here are the options that complete the question:

A. Create a new loan for a new fishing boat

B. Ask your credit card company for just one credit score

C. Visit loan officers at various lending institutions and apply for the loan

D. Contact people that can advocate for your character and have them write letters of recommendation.

We see that one that needs mortgage for a home purchase, will first visit loan officers at various lending institutions and apply for the loan.

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Describe a product, and then give an example of a time when the demand for this product night be high and the demand for this pr

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Icecream, the demand for icecream increases as the temprature becomes hotter but decreases as the temprature cools down

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3 years ago

Rolling Coast Inc. issued BBB bonds two years ago. These bonds provided a yield to maturity (YTM) of 11.5 percent. Long-term ris

vaieri [72.5K]

Answer: 9.2%

Explanation:

The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:

Firstly, we will calculate the previous risk premium on BBB bonds which will be:

= 11.5% - 8.7% = 2.8%

Then, the new risk premium on BBB bonds will be:

= Previous risk premium / 2

= 2.8% / 2

= 1.4%

Then, the interest rate that Rolling Coast should expect to issue new bonds will be:

= 7.8% + 1.4%

= 9.2%

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2 years ago

LO 6.3A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost d

olya-2409 [2.1K]

Answer:

$68,600

Explanation:

An predetermined overhead of $70,000 was estimated for an activity of 2,500 hours. The actual overhead assigned to the products is given by multiplying the fraction of the total 2,500 hours of activity utilized by the products by the predetermined overhead:

$A = \frac{1,350+1,100}{2,500}*\$70,000\\ A = \$68,600$

The total amount of overhead assigned to the products is $68,600.

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3 years ago

The separation of a manufacturing process into distinct tasks and the assignment of different tasks to different individuals is

dolphi86 [110]

The separation of a manufacturing process into distinct tasks and the assignment of different tasks to different individuals is called specialization.

What is the separation of a manufacturing process?

The number one production thing of the chemical system industries is separation processes (CPI).
These crucial responsibilities encompass doing away with impurities from uncooked materials, improving and purifying number one products, and casting off impurities from effluent water and air streams.

What is conditioning withinside the production system?

A material's inner structure is altered in the course of conditioning processes, converting the material's houses.
These tactics modify a material's hardness, corrosion resistance, strength, or different houses via the usage of heat, mechanical force, or chemical reaction.

Learn more about specialization

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6 0

1 year ago

A portfolio manager has a large position in the preferred stock of XYZ Corporation. The manager is concerned that market interes

Ksivusya [100]

Answer:

To hedge the preferred stock position, the manager should: Buy tyx calls

Explanation:

When market interest rate rise preferred stock drop. To hedge using interest rate index option, the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.

The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.

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2 years ago