The fee that the lender should charge to ensure they get a yield of 5% on a fixed 4.25% loan is <u>0.75%</u>.
<h3>What is the lender's yield?</h3>
The lender's yield is the implicit interest rate charged to the borrower. The lender's yield can also be described as the internal rate of return for the lender, given the loan's discounted cash flows. The lender's yield is usually annualized, it is quoted as a rate per year.
Thus, for the lender to enjoy a yield of 5% on a 4.25% fixed-rate loan, the lender's fees should include at least <u>0.75%</u> (5% - 4.25%).
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Answer:
The correct answer is letter (1): True.
Explanation:
Implementing a horizontal approach within a firm might not always imply a smooth transition. Some employees may find it hard to communicate with their coworkers because of factors of their personalities or just because they are not familiar with it. In such cases, leaders must intervene as bridges of communication moreover when conflicts must be solved between subordinates.
Answer:
Commercial paper
Explanation:
Commercial paper is a term in business or economics that describes money-market security issued by corporation, which is considered unsecured, so as to obtain funds to meet short-term debt or obligation, such as financing of payroll, and inventories.
It is supported only by issuing bank or company promise to pay the face amount on the maturity date often 270 days or less, as specified on the note.
Hence, COMMERCIAL PAPER is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less.
Answer:
The number of ounces started and completed during the period is <u>42,000 ounces</u>.
Explanation:
The number of ounces started and completed during the period can be computed by simply deducting the beginning work in process from the number of ounces completed.
Since we have the following from the question:
Number of ounces completed by Filling = 46,000 ounces
Beginning work in process = 4,000 ounces
Therefore, we have:
Number of ounces started and completed = Number of ounces completed by Filling - Beginning work in process = 46,000 ounces - 4,000 ounces = 42,000 ounces
Therefore, the number of ounces started and completed during the period is <u>42,000 ounces</u>.
Answer:
$192,000 unfavorable
Explanation:
The computation of the material price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 24,000 pounds × ($15 per pound - $23 per pound)
= 24,000 pounds × $8 per pound
= $192,000 unfavorable
Simply we take the difference between the standard price and the actual price and then multiplied it by the actual quantity so that the accurate price variance could come
