The closing agent is responsible for ordering, preparing, and reviewing closing-related documents.
<h3>Who is a Closing agent?</h3>
This is a professional who deals in real estate transactions and acts a middle man between the buyer and the seller.
He ensures the transfer of the legal title is appropriately done by preparing and reviewing closing-related documents, such as the title policy and settlement statement.
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Opportunity cost is concept used in economics. It denotes the benefit of something that must be given up to acquire or achieve something else. Because of this opportunity cost is used in the decision-making process. The following best describes an opportunity cost: decision giving up an opportunity to do something else when making an . Correct answer: B
Answer:
convexity = 37.6306
Explanation:
given data:
maturity time = 7 years
yield to maturity (y) = 8% = 0.08
coupon bond = 6%
price= $89.59 ( gotten from the summation of pv(cf) from the table attached below )
t = time
convexity can be found using this formula
= 
= 37.6306
Answer:
Integration
Explanation:
Integration is defined as mixing things or people together that were formerly separated.
Organizational integration happens when a company's internal and external factors successfully mesh. Every company, large or small, has certain internal characteristics such as management style, systems, organizational structure, strategy, staff and organizational culture.
Answer:
x=0.25
Explanation:
Assuming that consumers value every non-defective car at $10,000 each, only defective used cars are for sale. Therefore, consumers value defective cars at $2,000.
The expected value of a new car is given by the defective new car rate (x) multiplied the defective value, added to the non-defective car rate (1-x) multiplied by the non-defective car value.
The fraction x is 0.25. That is, 25% of new cars sold are defective.
