The best three main roles of major credit reporting agencies are:
- Compile consumer credit
- Loan information and
- Provide it to lenders and businesses.
<h3>What is a credit reporting agency?</h3>
A credit reporting agency is a company that keeps track of people's and companies' credit histories. They get information from creditors and other sources, which they put into a credit report, which incorporates a credit score when it's released.
The best three main roles of major credit reporting agencies are:
- Compile consumer credit
- Loan information and
- Provide it to lenders and businesses.
Learn more about credit reporting agencies here:
brainly.com/question/9913263
<span>the action of selling the same product at different prices to different buyers, in order to maximize sales and profits.
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Answer:
$468,844 approx.
Explanation:
<u>Assumption</u>: <u>Since the question is incomplete, with the available information it has been construed that calculation of bond price is required and the question has been solved accordingl</u>y.
The price of a bond is the present value of future cash receipts it generates to the investor in the form of interest stream and principal stream.
wherein,
= price of bond as on today
i = annual coupon payments
ytm= investor's expectation of interest or market rate of interest on similar bonds
RV = Redemption value of such bonds assumed to be the face value
n = term to maturity
12.46221 × 22,500 + 0.376889 × 22,500 = 280,399.725 + 188444.5
$468,844 approx
This is the present value of the bond which is lower than it's face value because market rate of return of similar bonds is higher than the coupon rate of payment by Westside Corporation.
Answer:
Market value of stock A = 20 shares x $10 = $200
Market value of stock B = 15 shares x $3 = $45
Market value of stock C = 10 shares x $5 = $50
Total market value $295
Amount to invest in stock A
= $200/$295 x $5,000
= $3,389.83
Explanation:
In this case, we will calculate the market value of each stock by multiplying the number of each stock by their corresponding market prices.
Thereafter, we will divide the market value of stock A by the total market value multiplied by amount available for investment ($5,000).
