Harry’s role in a mortgage scam is to purchase property so the identity of the actual owner is concealed. What is Harry?

The loan officer at 2nd National Bank tells Lana she can afford a monthly payment of $1,900 on her new home loan. Assuming this

Olegator [25]

Answer:

5.56%

Explanation:

Annual payment = Monthly payment * 12

Annual payment = $1,900 * 12

Annual payment = $22,800

So, she can afford to pay $22,800 in a year

The interest rate is Lana getting = Annual payment / principal balance

= $22,800 / $410,000

= 0.0556

= 5.56%

3 0

3 years ago

Which one of the following would not be considered an advantage of the corporate form of organization?a. Limited liability of ow

solmaris [256]

Answer:

Disadvantage of Corporate Form of Organization:

d. Government regulation

Explanation:

In recent times, government regulation of businesses appears to be regarded as a disadvantage of the corporate form of organizations. Governments intervene and regulate corporate entities whenever they fail to be self-regulatory. But, the regulations may appear to be so much that the corporate form of organization now looks like a disadvantage. Given the many corporate scandals, collapses, and misapplications of resources by corporate entities that have become the order of the day, government regulation is very important. Without government regulation, many corporate bodies will not be acting in the public interest. This is more so with public entity corporate organizations with diverse stakeholders and corporate managers who act as if they were running their own autonomous governments.

5 0

4 years ago

Stock Y has a beta of 1.6 and an expected return of 16.6 percent. Stock Z has a beta of 0.8 and an expected return of 9.4 percen

USPshnik [31]

Answer:

Stock Y is undervalued and Stock Z is overvalued

Explanation:

The Required return on Stock Y = Risk free Rate + BetaY * Market Premium = 5.1% + 1.6%* 6.6% = 15.66%

Expected Return on Y = 16.6%

Here, the Expected return > Required return, the stock is undervalued

Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Y, Reward to risk = (0.166 - 0.051)/1.6 = 0.115/1.6 = 0.0719 = 7.19%

Required return on Stock Z = Risk free Rate + BetaZ * Market Premium = 5.1 + 0.8 * 6.6 = 10.38%

Expected Return on Z = 9.4%

Here, the Expected return < Required return, the stock is overvalued.

Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Z, Reward to risk = (0.094 - 0.051)/0.8 = 0.043/0.8= 0.0538 = 5.38%

<em>SML Reward to Risk = 0.066 = 6.6%</em>

Reward to Risk for Y > than SML Reward to Risk, then stock Y is undervalued.

Reward to RIsk for Z > than SML Reward to Risk, then stock Z is overvalued.

8 0

3 years ago

Some innovative firms entertain consumers with ______; these consumers then interact with the brand.

lukranit [14]

The use of electronic mail proved to be significant in establishing communication between the firm and the consumer. Users of their product would now tell their claims and reports about its deficiencies only without going to the shop itself to solution the problems as fast as possible.

8 0

3 years ago

Read 2 more answers

Larry Bar opened a frame shop and completed these transactions:1. Larry started the shop by investing $40,000 cash and equipment

sukhopar [10]

Answer:

The balance of the cash account after these transactions were posted for $40,300

Explanation:

The computation of the balance of the cash account is shown below:

= Cash invested - paid cash for the receptionist's salary + cash collection for giving custom frame service

= $40,000 - $1,200 + $1,500

= $40,300

The other items which are mentioned in the question reflected credit sales so we do not consider these items.

6 0

3 years ago