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bogdanovich [222]
3 years ago
8

The period of delinquency allowed before a lender begins foreclosure proceedings is determined by statute. the secondary mortgag

e market. investors. the lender.
Business
1 answer:
DedPeter [7]3 years ago
4 0

Answer: The lender

Explanation: Foreclosure proceeding involves the steps a lender takes in the process of seizing or selling a property in a bid to recover the payment or amount owed by a loan defaulter. The foreclosure proceeding involves different processes and will only begin when the mortgage is delinquent. Delinquency due to failure to make an agreed payment on a mortgage. This period is usually determined by the lender and the foreclosure proceeding will begin if the payment is not made before the period.

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A perpetuity pays $170 per year and interest rates are 8.2 percent. How much would its value change if interest rates increased
weqwewe [10]

Answer:

$320.59 decrease

Explanation:

The computation of the change in the value is shown below:

As we know that

The Value of perpetuity is

= Annual inflows ÷ interest rate

Current value is

= $170 ÷ 0.082

= $2,073.17

And,

New value is

= $170  ÷ 0.097

= $1,752.58

Now change in value is

= $2,073.17 - $1,752.58

= $320.59 decrease

We simply applied the above formula

8 0
3 years ago
Radek Company estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various aged cat
stepladder [879]

Answer:

the  bad debt expense that reported in the income statement is  $2,300

Explanation:

The computation of the bad debt expense that reported in the income statement is as follows;

= Total estimated uncollectible accounts - unused balance

= $3,200 - $900

= $2,300

Hence, the  bad debt expense that reported in the income statement is  $2,300

7 0
2 years ago
A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the u. s. econo
WARRIOR [948]

A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the US economy is the federal funds rate.

An interest rate tells you ways excessive the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the interest fee is the amount you are charged for borrowing cash, shown as a percent of the entire quantity of the loan.

As RBI hiked repo charge, FD quotes are anticipated to rise in 2022 and 2023. Banks and other NBFCs have already started steadily raising FD quotes after RBI made it clear that repo prices will exchange.

As interest rates circulate up, the cost of borrowing turns extra high-priced. because of this demand for decrease-yield bonds will drop, inflicting their fee to drop. As hobby prices fall, it becomes easier to borrow money, and lots of agencies will trouble new bonds to finance growth.

Learn more about interest rates here brainly.com/question/2151013

#SPJ4

6 0
2 years ago
Many people have larger amounts of debt in America than before, and people have become hesitant to take loans out for new cars.
Scorpion4ik [409]

Answer:

they will increase their rates of loans

7 0
2 years ago
Written, Inc. has outstanding 600,000 shares of $2 par common stock and 120,000 shares of no-par 8% preferred stock with a state
belka [17]

Answer:

The common stockholders will receive $222,000.

Explanation:

The preferred stockholders will have the right over the common stockholders to receive the dividend payable to them.

In the question:

+ The dividend payable to preferred stockholders in one-year is calculated as: Share outstanding x Dividend percentage x stated value of preferred stock = 120,000 x 8% x 5 = $48,000;

+ The dividend payable to preferred stock is for 3 year ( past two years plus current year), so total dividend payable is: 48,000 x 3 = $144,000.

So, preferred stockholder will be paid $144,000 out of $366,000 dividend distributed this year.

=> Amount of dividend distributed to common stockholders = 366,000 - 144,000 = $222,000.

6 0
3 years ago
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