Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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Answer:
C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Explanation:
given data
State 1 State 2 State 3
Probability 25% 50% 25%
Spot rate $ 2.50 /£ $ 2.00 /£ $ 1.60 /£
P* £ 1,800 £ 2,250 £ 2,812.50
P $4,500 $4,500 $4,500
solution
company holds portfolio in pound. so to get hedge, they will sell that of the same amount.
we get here average value of the portfolio that is
The average value of the portfolio = £ (0.25*1800 + 0.5*2250 + 0.25*2812.5)
The average value of the portfolio = 2278.13
so correct option is C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
An example of a virtual team is a group of employees who participate in a motorcycle riding group that meets outside of the company.
A virtual team, sometimes referred to as a remote team, is made up of individuals who communicate and work via technology like audio and video conferencing from geographically separate locations.
<h3>What is a Virtual Team?</h3>
A virtual team, sometimes referred to as a geographically dispersed team or a remote team, is a collection of individuals who communicate with one another online. Members of a virtual team typically reside in several geographic locations.
- Remotely working groups of coworkers are known as virtual teams. These coworkers communicate via tools like email, Slack, and Zoom while working remotely rather than in an office. These coworkers work together online and hardly ever interact in person.
- The same characteristics consistently appear in studies and lists: empathy, justice, listening and communication skills, sincerity, and decision-making. Teams are motivated and inspired by leaders.
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It's incorrect to say competitive strategy- because LVMH is not a business. LVMH doesnt compete with anyone because it is a conglomerate of decentralized brands. Each brand has its own DNA/story/value proposition and its own competitors and unique business strategies.
Having said that, LVMH's 'corporate' strategy is to hold a portfolio of the most cherished, coveted luxury brands and add value through its specialized resources - sourcing, its supply chain management, brand management and talent.
<span>D. The product is a necessity.</span>
