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solmaris [256]
4 years ago
15

A client interested in the returns offered by CMOs asks you which type has the lowest prepayment risk. What should you say

Business
1 answer:
Margarita [4]4 years ago
5 0

Answer: Planned amortization class (PAC) tranches

Explanation:

The planned amortization class (PAC) is a form of CMO which is typically put I place for that risk-averse investors. It gives a principal repayment schedule that have been predetermined in as much as there are certain range for the mortgage prepayment.

It should also be noted that it has top priority and also gets principal payments which can be up to certain amount.

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When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
LenaWriter [7]
I guess there should be an options to choose. Anyway, I think correct answer is: When managing your human resources, selection is the process of deciding who should be hired, under legal guidelines, to serve the best interests of the individual and the organization. Selection is the process of choosing someone who fits the best by the particular criteria. 
8 0
4 years ago
The most important information needed to determine if companies can pay their current obligations is the
Studentka2010 [4]

Answer:

the relationship between current assets and current liabilities

Explanation:

^

4 0
3 years ago
Many private sector organizations require a formal statement, called a(n) ____, which provides search authorization and furnishe
Nikolay [14]

Answer: affidavit

Explanation:

An affidavit is a written statement that implies that one is saying nothing but the truth. It is used to price that an issue is true in the court.

Many private sector organizations require a formal statement, called an affidavit which provides search authorization and furnishes much of the same information usually found in a public sector search warrant.

4 0
4 years ago
Mr. and Mrs. Sloan incurred the following expenses during the current year, when they adopted a child: Child's medical expenses
nadezda [96]

Answer: See explanation below for answer. The options are:

A. $13,000

B. $ 5,000

C. $18,000

D. $14,000

Explanation:

A taxpayer can deduct the medical expenses that have been paid for a child at the time of adoption if the child should qualify as the dependent of the taxpayer when the medical expenses were paid.

In addition, should a taxpayer pay an adoption agency for the medical expenses that the adoption agency has already paid, then the taxpayer is treated as though he/she has already paid those expenses.

In the scenario given above, Mr. and Mrs. Sloan can deduct the child's medical expenses of $5,000 that they have paid.

But on the other hand, the legal expenses of $9,000 and agency fee of $4,000 that were incurred in during the adoption process will be treated as nondeductible personal expenses.

However, Mr. and Mrs. Sloan will be able to claim a nonrefundable tax credit amounting up to $13,570 for these qualified adoption expenses.

7 0
4 years ago
Read 2 more answers
Of fifo or lifo, which method would produce the more favorable cash flow? fifo, because of it produces lower income tax expense
quester [9]
FIFO stands for First In First Out and LIFO stands for Last In First Out.
Answer: LIFO produces more favorable cash flow because LIFO PRODUCES LOWER INCOME TAX EXPENSE.
During inflation, LIFO approach is adopted for tax benefits. With the rise in prices, LIFO produces higher cost of sold amounts of goods.
4 0
3 years ago
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