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Sergio [31]
4 years ago
9

A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu

rrently owes $25,850. The borrower has applied for a first mortgage of $164,500. Which of the following LTV, CLTV, and HLTV are accurate based on this information?
a. 70% / 80%/ 95%
b. 70% / 83% / 100%
c. 70% / 81% / 90%
d. 75% / 80% / 91%
Business
1 answer:
gladu [14]4 years ago
8 0

Answer:

c. 70% / 81% / 90%

Explanation:

Loan to Value ratio LTV is the ratio of borrowers principal loan balance to the appraisal value of the property. Combined Loan to Value Ratio CLTV is the ratio which considers the sum of all the loan taken on the property. High loan to Value ratio is the one which loan is exceeding by the value of borrowers home.

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Crowl Corporation is investigating automating a process by purchasing a machine for $804,600 that would have a 9 year useful lif
Nataly_w [17]

Answer:

Simple rate of return on Investment = 6.34%

Explanation:

As per the data given in the question,

Initial investment = $804,600

Realisable value = $22,400

Net cash flow = $804,600 - $22,400

= $782,200

Annual income:

Net income = Cash savings - Depreciation

= $139,000 - $89,400

= $49,600

Simple rate of return on Investment = Net income ÷ Net cash flow

= $49,600 ÷ $782,200

= 0.0634

= 6.34%

8 0
4 years ago
an analyst gathered the following data about a company: 1,000 common shares are outstanding (no change during the year). net inc
SashulF [63]

The company's diluted earnings per share is $4.09

<h3>What is Diluted Earnings per share?</h3>

A metric known as "diluted EPS" is used to assess how well a company's earnings per share (EPS) would perform if all convertible securities were exercised. The entire circulating supply of convertible preferred shares, convertible debentures, stock options, and warrants are considered convertible securities. Take a company's net income to determine diluted EPS.

Net income - any preferred/ by the sum of the weighted average number of shares outstanding and dilutive shares (convertible preferred shares, options, warrants, and other dilutive securities).

$5000-$500/1,100= $4.09

To know more about Earning per shares visit:

brainly.com/question/16562972

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8 0
2 years ago
What is an investment instrument in which you purchase a part of a collection of investments?
ki77a [65]

Answer:

Mutual Fund

Explanation:

In mutual fund, a group of people gathered their capital and manage all of it under one management. (usually, they trust this fund to a company who hired several experts in finance).

That company will diversified that capital into several different investment in order to minimize the risk. The original owner of the capital just need to sit back and accumulate the profit without having any direct influence in the investment.

Since the capital is belong to the members , Each members of the mutual fund will own every single parts of the investments collection  that the company make.

8 0
4 years ago
Why was friedrich von hayek against government intervention in an economy?
shepuryov [24]
The answer top the question stated above is letter D. It would improve the economy's situation.

For F<span>riedrich Von </span>Hayek, less government intervention<span> meant more </span>economic freedom. He believed that if  people are free to choose, then the economy runs more efficiently. 
Thus, it would improve the economy's situation.
5 0
3 years ago
Read 2 more answers
Assume you deposit $5,000 at the end of each year into an account paying 9.5 percent interest. a. How much money will you have i
alekssr [168]

Answer: $242,567.27

Explanation:

The $5,000 is an annuity as it is being paid every year and is a constant amount.

The value in 19 years is the future value of this annuity:

Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate

= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%

= $242,567.27

8 0
3 years ago
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