The approximate average change per day since the past year is $ 0.72.
As per the stock listing the given information in the context is:
-
52 wk high = 122.86
- 52 wk low = 64.77 ENM
- Div. = 3.45
- Close = 99.14
- Net change = 4.74
It has been given in the context that the lowest price that occurred 48 days ago is 64.77 ENM
Closing Price = 99.14
Now, compute the average change per day:
Therefore, the correct option is b.
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Answer:
Someone with a high credit score may be required to make a lower down payment.
Explanation:
A high credit score is an indication of good borrowing and repayment culture by an individual. It shows the individual makes prompt repayments on their debts, and they hardly miss on installments. A borrower with a high credit score is labeled as creditworthy or a low-risk customer.
A low credit score arises when a customer has a bad history of debt repayment. They have either defaulted or tend to miss on installments. A borrower with low credit is considered high-risk and likely to default on payments.
A lender will demand a high deposit from a borrower with a low credit score to cover for the high-risk involved in the transaction. A borrower with a high credit score is a low-risk customer and does not need to offer a high deposit to access credit.
<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. The Federal Reserve Banks offer three discount window programs to depository institutions: primary credit, secondary credit, and seasonal credit, each with its own interest rate. All discount window loans are fully secured.</span>