Based on Raph's stable gross monthly income, the maximum total debt allowed per month is<u> $1,044</u>
Most conventional lenders prefer to lend to a person whose debt to income ratio is 36% and below.
Ralph's maximum debt allowed is therefore:
<em>= Debt to income ratio x Stable gross income </em>
= 36% x 2,900
= $1,044
In conclusion, Ralph's maximum debt is $1,044
Find out more about debt to income ratio at brainly.com/question/24814852.
Answer: increase in real interest rate
Explanation:
Negative inflationary surprises lead to an increase in the real interest rate. The real interest rate is simply defined as the rate of interest that a saver, investor, or a lender will receive after inflation ahs been allowed.
It should be noted that the real interest rate is the nominal interest rate minus inflation. Therefore, a negative inflationary surprises lead to a rise in the real interest rate.
Answer: 1.20
Explanation:
The Portfolio beta will be a weighted average of the individual stock betas.
Portfolio beta = (22% * 0.88) + ( 23% * 0.94) + ( 42% * 1.34) + ( 13% * 1.79)
= 0.1936 + 0.2162 + 0.5628 + 0.2327
= 1.2053
= 1.20
Answer:
1-Communication is important to express oneself.
2-Need for effective leadership.
3-Helps in proper planning.
4-Improve public Relationships.
5-Helps in providing the full information.
Explanation:
Good communication also improves relationships, and in your personal life with friends and family members. Listening carefully and offering quality feedback helps people to feel heard and understood. This, in turn, nurtures mutual respect. Communication is important to express oneself. It also satisfies one's needs. One should have effective communication for advancement in the career. In your personal life, effective communication skills can smooth your way and your relationships with others by helping you to understand others, and to be understood. Communication not only conveys information, but it encourages effort, modifies attitudes, and stimulates thinking
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