Answer:
A finance charge is the cost of borrowing money, including interest and other fees. It can be any fee representing the cost of credit, or the cost of borrowing.
Explanation:
Answer:
Current yield = 0.05238 or 5.238% rounded off to 5.24%
option B is the correct answer
Explanation:
The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,
Current yield = Interest per year / Current market price
Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum
Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%
Large-denomination CDs are negotiable so that like a bond they can be resold in a secondary market before they mature.
- A lender is more likely to make long-term loans as opposed to short-term loans when interest rates are anticipated to rise in the future.
- Noninterest revenue, or off-balance sheet activity, can help banks raise their earnings. What impact do off-balance sheet activities like securities guarantees and backup credit lines have on the risk that the bank faces?
- Banks profit more when interest rates are higher by capitalizing on the discrepancy between the interest they pay to customers and the interest they may gain on investments.
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Answer:
determine all of the industry factors that contribute to a firm's competitive strength or weakness.
Explanation:
A competitive strength assessment represent the assestment related to the strength & weakness of an individual or the company with the present and the rivalry. This knowledge could be used for the efforts made in order to improving out the weakness of an individual
So as per the given situation, the last option should be correct
