By definition, a mortgage is loan that is used to purchase a property. The financial institutions can are designed to offer low interest rates on residential mortgages are commercial banks and loan associations. They often lead against the one-to-four family mortgages.
From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.
At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.
This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.
Answer:
e. the expected return on a security is positively and linearly related to the security's beta.
Explanation:
As per CAPM: Expected return (ER) = Rf + \beta (Rm - Rf)
Lets assume risk free return (Rf) as 5%, \beta as 2 and expected market return (Rm) as 10%
then, ER = 5% + 2 (10% - 5%) = 15%
However if lets assume all the other factors remain the same and \beta increases to 3
then, ER = 5% + 3 (10% - 5%) = 20%
Similarly if \beta reduces to 1
then, ER = 5% + 1 (10% - 5%) = 10%
So higher the \beta higher is the risk and hence higher the expected return. Hence expected return on a security is positvely and linearly related to the security's beta
Answer:
$45,000
Explanation:
LCM (lower of cost or market) is an inventory valuation method that uses the lower figure between the cost of purchase of an inventory, and the price at which it can be currently replaced in the market, as the carrying amount of the inventory.
Accordingly, using LCM, the value of Daily Grind's inventory
= lower value of (inventory of coffee makers without timer) + (inventory of coffee makers with timer)
= 10,000 + 35,000
= $45,000
Melissa's characteristics that are not consistent with entrepreneurship is that Melissa tends to put things off until later.
<h3>What is entrepreneurship?</h3>
Entrepreneurship refers to the activity of setting up a business that takes financial risks in the hope of profit.
The missing options in the questions are
- Melissa has high self-confidence.
- Melissa tends to put things off until later.
- She is untroubled by uncertainty.
- She has a high need to achieve.
- She has a high energy level.
Melissa is a very good middle manager. However, she has for a very long time wanted to open her own business. Melissa's characteristics that are not consistent with entrepreneurship are she tends to put things off until later.
Therefore, B is the correct option.
Learn more about Entrepreneurship here:
brainly.com/question/18203575
#SPJ1
