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Sonbull [250]
3 years ago
6

When you take out a mortgage your home becomes the collateral. True or Fals

Business
1 answer:
gogolik [260]3 years ago
7 0

Answer:

The statement is true.

Explanation:

Mortgage is the long term loan which is issued by the financial institution like banks. These are those loans which are obtained or acquired for a large amount of finance required.

For example, an entrepreneur need a 50 million for the business expansion. Therefore, in this case, usually a house is worth the amount so it is offered as collateral security.

And if entrepreneur fails to make the payment to the lender that is bank, in that case, the bank has an option of claiming the ownership of the property. This result in seizing the mortgage collateral.

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A young couple has $300,000 that they have used to aggressively trade growth stocks. They place their account with a Registered
EastWind [94]

Answer:

the investment advisor should do nothing

Explanation:

In the scenario that is being described, the investment advisor should do nothing. This is because the investment advisor did nothing wrong or illegal, he simply followed the instructions that were strictly provided by the clients, therefore acting in accordance with the customers' wishes. Meaning that he has nothing to fear from the client's being accept because they have no standing to take legal action against the advisor.

7 0
3 years ago
Why do governments regulate natural monopolies?
ss7ja [257]

The government may wish to regulate monopolies to protect the interests of consumers. For example, monopolies have the market power to set prices higher than in competitive markets. The government can regulate monopolies through price capping, yardstick competition and preventing the growth of monopoly power.

7 0
3 years ago
Read 2 more answers
A 27-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 6.00% (3.000% of face value every six months). The rep
nikdorinn [45]

Answer:

(A) $1,055.35  (B) $2,180.53  (C) $780.07  (D) $412.08.

Explanation:

The tenor of the bond is 27 years i.e. (27 * 2=) 54 periods of 6 months each (n).

Face Value (F) = $1,000

Coupon (C) = 6% annually = 3% semi annually = (3% * 1000 face value) = $30.

The Present Value (PV) of the Bond is computed as follows.

PV of recurring coupon payments + PV of face value at maturity

= \frac{C(1-(1+r)^{-n}) }{r} + \frac{F}{(1+r)^{n}}

A) Yield = 5.6% annually = 2.8% semi annually.

PV = \frac{30(1-(1.028)^{-54}) }{0.028} + \frac{1,000}{(1.028)^{54}}

= 830.25 + 225.10

= $1,055.35.

B) Yield = 1% annually = 0.5% semi annually.

PV = \frac{30(1-(1.005)^{-54}) }{0.005} + \frac{1,000}{(1.005)^{54}}

= 1,416.64 + 763.89

= $2,180.53.

C) Yield = 8% annually = 4% semi annually.

PV = \frac{30(1-(1.04)^{-54}) }{0.04} + \frac{1,000}{(1.04)^{54}}

= 659.79 + 120.28

= $780.07.

D) Yield = 15% annually = 7.5% semi annually.

PV = \frac{30(1-(1.075)^{-54}) }{0.075} + \frac{1,000}{(1.075)^{54}}

= 391.95 + 20.13

= $412.08.

4 0
3 years ago
Answers at the beginning of this year, daily consumption of gasoline in the us amounted to 344 million gallons. it is estimated
miv72 [106K]
<span>332.7 million gallons. First calculate the percentage increase in price of gasoline. 0.40 / 2.80 = 0.142857 = 14.2857% Now divide by the 10% to get the number of multiples of 10% the price increased by 14.2857% / 10% = 1.42857 Now multiply that by the percent decrease in demand 1.42857 * 2.30% = 3.29% So it looks like there will be a 3.29% decrease in demand due to the higher price. So calculate the expected amount of gasoline demand. 344 * (100% - 3.29%) = 344 * (96.71%) = 344 * 0.9671 = 332.7 So the expected demand after a price increase of 40 cents per gallon is 332.7 million gallons.</span>
6 0
3 years ago
Three teams in the Agile Release Train are working on the same Feature. Team A is a component team, and Teams B and C are featur
yawa3891 [41]

Answer:

Correct Answer:

This is an anti-pattern because of the following:

1. The time it would take to plan work for the IP iteration during PI planning

2. The time it would take to wait for the IP iteration to fix defects

3. Too much time that is going to be spent analyzing each features

Explanation:

7 0
3 years ago
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