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Pavel [41]
2 years ago
14

Amanda green has invested in a real estate trust that will get income from mortgage interest, loan origination fees and buying a

nd selling mortgages. amanda has invested in what kind of trust?
Business
1 answer:
sveticcg [70]2 years ago
8 0

A real estate trust that will get income from mortgage interest, loan origination fees and buying and selling mortgages is Real Estate Mortgage Trust (REMT) trust.

What is a mortgage?

  • A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan.
  • Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien.
  • A mortgage in itself is not a debt, it is the lender's security for a debt.
  • It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed.
  • In other words, the mortgage is a security for the loan that the lender makes to the borrower.

To learn more about mortgage: brainly.com/question/15074748

#SPJ4

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A bank pays "interest" (the rental price paid for use of the money) on savings accounts, CD’s and on some types of______________
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Answer and Explanation:

Checking accounts.

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3 years ago
Prepare the journal entry to record Jevonte Company’s issuance of 35,000 shares of its common stock assuming the shares have a:
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Answer: Please see answer in explanation column

Explanation:

a)journal entry to record Jevonte Company’s issuance at $3 par value and $22 cash per share

Account                                            Debit                        Credit

Cash(35,000 x $22)                       $770,000

Common stock, $3 par value(35,000 x 3)                       $105, 000

Paid-in captial in excess of par value, common stock

($770,000  - $105, 000 )                                                      $665,000

b)journal entry to record Jevonte Company’s issuance at $3 stated  value and $22 cash per share

Account                                            Debit                        Credit

Cash  (35,000 x $22)                    $770,000

Common stock, $3 stated value (35,000 x 3)                 $105, 000

Paid-in captial in excess of stated value, common stock

($770,000  - $105, 000 )                                                      $665,000

8 0
4 years ago
6. If the price elasticity of supply is 1.2, and a price increase led to a 5% increase in quantity supplied, then the price incr
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Answer:

Price increase is about 4.2%

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Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.

The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.

PES = \frac{\%\ change\ in\ quantity}{\%\ change\ in\ price} \\where\\PES= 1.2\\\% change\ in\ quantity = 5\%\\\%\ change\ in\ price = ???\\\therefore 1.2 = \frac{5}{\%\ change\ in\ price}\\ \%\ change\ in\ price = \frac{5}{1.2} \\\%\ change\ in\ price = 4.16\%

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3 years ago
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