The answer is Option.
An option contract is an agreement between two parties to facilitate a potential transaction involving an asset at a preset price and date.
An options contract offers the buyer the opportunity to buy or sell, depending on the type of contract they hold. If the contract states buying it will be the Call option. On the other hand, if the contract states selling it will become a Put option.
Buying an option offers the right, but not the obligation, to purchase or sell the underlying asset.
Hence, A foreign currency Option gives the purchaser the right, not the obligation, to buy a given amount of foreign exchange at a fixed price per unit for a specified period.
Learn more about the foreign exchange:
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Balloon payments are the payments that are larger than the others and occurs at the end of the loan term.
Option C
Explanation:
A balloon payment is a substantial amount scheduled for the last of a globular debt, for example mortgage, business loan or other depreciated loan. Close to a refund of an email.
In the standard 30-year home mortgage, a revolving payment is not commonly used.
Payments for balloons are sometimes at least twice as high as the original loan payments. In a declining home market, a ballon payout may be a major issue because sellers may Could not sell their houses as well as before the payment.
Answer:
$16,773.36
Explanation:
this is an annuity due since Jake will need to withdraw money at the beginning of the year, not the end of the year:
principal = $60,000
n = 4 distributions
interest rate = 8%
annual withdrawal = principal / annuity due factor (PV, 8%, 4 periods)
annual withdrawal = $60,000 / 3.5771 = $16,773.36
Answer:
- The trustee has naked title
- The lender is named the beneficiary
- The trustor has legal title
Explanation:
A Trust deed is a legal agreement that allows for a debtor to transfer ownership of a physical real estate property to a Trustee so that that trustee may hold the property as security for a loan transaction involving the lender and the debtor.
The trustee in this agreement holds a naked title which is a legal title to a property that is given to a trustee as it has no ownership benefits. The beneficiary is also named to be the lender and the Trustor retains the legal title.
Answer:
Repos result in a temporary increase in a bank's reserves and maintain liquidity in the banking system. Banks can sell reverse repos back to the Federal Reserve at a higher price in a short period of time.
Explanation:
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