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3 years ago

Clarence is purchasing a $142,000 home with a 15-year mortgage. He will

Business

1 answer:

Dominik [7]3 years ago

8 0

Answer:

prime mortgage insurance (PMI) is an insurance that mortgage lenders require when borrowers make a down payment of less than 20% of the purchase price of the house.

We are not given any table, so I looked in the internet to find one that can be used as an example:

outstanding principal = $142,000 - 17% = $117,860

mortgage term equal or less than 15 years
base loan amount is less than $625,000
loan to value ratio = 1 - down payment = 83%, which means it is ≤ 90%
bps = 45

total yearly premium = principal x bps = $117,860 x 0.0045 = $530.47

monthly PMI payment = $530.47 / 12 months = $44.20

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Portfolio Beta (LG10-3) You have a portfolio with a beta of 1.16. What will be the new portfolio beta if you keep 90 percent of

makvit [3.9K]

Answer:

the new portfolio beta is 1.11

Explanation:

The computation of the new portfolio beta is as follows;

The Beta of the new portfolio is

= (Portfolio beta × given percenatge) + (beta of the stock × given percentage)

= (1.16 × 0.9) + (0.69 × 0.1)

= 1.11

hence, the new portfolio beta is 1.11

We simply applied the above formula so that the correct value could come

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3 years ago

During its most recent fiscal year, Dover, Inc. had total sales of $3,060,000. Contribution margin amounted to $1,430,000 and pr

Ahat [919]

Answer:

$1,135,000

Explanation:

Data provided as per the question

Contribution = $1,430,000

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Income = Contribution - Fixed cost

Fixed cost = Contribution - Income

= $1,430,000 - $295,000

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Therefore, for computing fixed cost we simply deduct Income from contribution.

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3 years ago

________ contain data on employees' performance records, educational backgrounds, and promotion recommendations.

Mumz [18]

Qualification inventories

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3 years ago

Seasonal data is a discriminant variable exhibiting a repeating patterns at regular intervals over time. group of answer choices

Ksju [112]

Seasonal data is a discriminant variable that displays recurring patterns throughout time at set intervals. What is false discriminant analysis?

The researcher employs a method known as discriminant analysis to evaluate the study data when the criteria, or the dependent variable, is categorical and the predictor, or the independent variable, is of an interval type.

How do variables fit into discriminant analysis?

What several types of discriminant analysis exist?

The first kind of discriminant analysis is linear discriminant analysis.

Number 2 in the Multiple Discriminant Analysis.

Analysis using quadratic discriminants is the third technique.

Canonic Discriminant Analysis, fourth instance.

For more information on discriminant analysis, go to brainly.com/question/2507588

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2 years ago

What financing method makes a company declare an initial public offering (IPO)?

Alexxandr [17]

Answer:

<em>When a company makes its shares available to the public for business purposes i.e buying or trading.</em>

Explanation:

There are many set of standards that a company has to meet for make such financing. These specifications are set by various exchanges and SEC. This sort of financing enables companies to gain capital by selling their shares in the primary market.

Different investment banks are hired for this purpose. These banks endorse and set demands along with price or date etc. These banks are called underwriters while such companies are called issuers.

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3 years ago