Answer:
22.85
Explanation:
Present value (PV): $500,000
Rate: 6.5% per annual
Payment (PMT) : $40,000 per year
We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted
=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85
 
        
             
        
        
        
The correct option is  B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses.  A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
        
                    
             
        
        
        
Answer:
The correct answer is:  $1,000,000 (one million dollars).
Explanation:
The Real Estate Recovery fund is the poll of money collected to refund people who have been affected somehow by real state brokers or salespeople. Fraud, misrepresentation or deceit are considered for his purpose and it is given only when no benefit can be provided to the person affected after court. If the amount implied is greater than $1,000,000 (one million dollars) the Real Estate Recovery Fund is unable to provide any reimbursement aid.
 
        
             
        
        
        
Answer:
Export management companies
Explanation:
Export management companies acst as the export sales department for a manufacturer. 
Export management companies refers to firms that helps in the distribution of goods produced by other firm's in the international market. They export goods on behalf of other firm's.
 Export management companies are independent companies that provides support services for other firms engaged in exporting. Services rendered by export management companies includes: insuring, billing, shipping, warehousing among others.
They also help to provide important information that will improve the quality of product to firms who hire them.
 
        
             
        
        
        
Answer:
The firm's unleveraged beta is 1.0251
Explanation:
Hamada's equation  is used to separate the financial risk of a levered firm from its business risk. 
The Hamada equation:
Bu= Bl/(1 + (1 − T)(D/E))
Bl = 1.4
wd = 0.36
Tax rate = 35%
D/E = wd / (1 – wd) = 0.5625 = 56.25%
= 1.4/ (1+(1-0.35)(0.5625))
=1.4/ 1 + (0.65)(0.5625)
=1.4/1.36
= 1.0251