Answer: 2%
Explanation:
The Capital Asset Pricing Model (CAPM) can be used to calculate expected value as thus;
= Risk free rate + beta (Market return - risk free rate)
= 5% + (-0.3) (15% - 5%)
= 5% - 3%
= 2%
Answer: The Truth in Lending Act (TILA) of 1968
Explanation: TILA is a law enacted by the USA federal law to protect lenders and consumers generally are treated justly.
The laws requires lenders to disclose the APR (annual percentage rate) of loans, finance charge, repayment schedule and total repayment amount in the documents to be sent to and signed by the lenders.
This is to control the excesses of lenders and the terms used in the contact must be simple to understand by the borrowers.
Answer: $32000
Explanation:
It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income
Rev. Snider's self-employment income
Therefore, in this case, Rev. Snider's self-employment income will be:
Salary = $20,000
Add: Housing allowance = $12000
Total = $32000
The use of electronic mail proved to be significant in establishing communication between the firm and the consumer. Users of their product would now tell their claims and reports about its deficiencies only without going to the shop itself to solution the problems as fast as possible.
