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Semmy [17]
3 years ago
5

After obtain a licens,a license must comply with the dbo ommisioner rules and regulations, which is true regarding the finance l

ender, finance broker,or mlo licenses.
a) true
b) false
Business
1 answer:
bonufazy [111]3 years ago
3 0

Answer:

True

Explanation:

This is true that no person shall engage in the business of finance broker  or finance lender without obtaining a license from the commissioner. All of them shall comply with dbo rules and regulation. if they fail to comply they may face a fine or cancelation of license.

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Consider a 7-year bond with a 9% coupon and a yield to maturity of 12%. If interest rates remain constant, one year from now the
Llana [10]

Answer:

(C) Higher.

Explanation:

The computation of the present value in both the cases are as follows:

In the first case

Given that

Assume the par value i.e. future value be $1,000

PMT = $1,000 × 9% = $90

RATE = 9%

NPER = 7

The formula is shown below

=-PV(RATE;NPER;PMT;FV;TYPE)

After applying the above formula, the present value is $863.09

In the second case

Given that

Assume the par value i.e. future value be $1,000

PMT = $1,000 × 9% = $90

RATE = 9%

NPER = 6

The formula is shown below

=-PV(RATE;NPER;PMT;FV;TYPE)

After applying the above formula, the present value is $876.66

So as we can see that the price of the bond would increased

5 0
3 years ago
It costs Cool Clothes Company $15 to produce one pair of jeans, but they needed to discontinue production of shirts to focus on
Bond [772]

C) production cost; opportunity cost

7 0
3 years ago
Read 2 more answers
The biggest criticism of the righteous moralist approach to an ethical situation is that it
valentina_108 [34]

Answer:

The correct answer is the last option: goes too far and not every situation can be approached relying on home-country standards.

Explanation:

To begin with, the <em>righteous moralist approach to ethics</em> refers to the belief, that the standards of ethics from a multinational's home-country are the appropiate ones to implement in companies from foreign countries, therefore that this model is very associated with managers from developed nations. Moreover, the biggest criticism to that model is that it goes too far and it does not consider that not every situation can be approached relying on home-country standards  due to the fact that every nation is different and the companies in them can not imitate the standards used in the other ones.

7 0
3 years ago
How has globalization made countries more interdependent? Check all that apply. Countries now rely on one another for vital reso
Wewaii [24]

How has globalization made countries more interdependent? Check all that apply.


Countries now rely on one another for vital resources.

Countries now rely on each other for new industries.

Countries now rely on one another for chances to import.

Countries now rely on one another for an employment base.

Countries rely on each other for cheaper products.

Countries now rely on one another for chances to export.


so its 1,2,3,5,6

3 0
3 years ago
Read 2 more answers
Please consider the scenario below and let us know if you believe Lauren Smith's actions to be ethical. Please let us know why o
9966 [12]

Answer:

there should be a related party (connected person) disclosure in the financial statement.

Explanation:

Lauren Smith's action is unethical. Having not disclosed this to management is a dishonest action. Ethical behaviour entails being honest and truthful at all times. In accounting (financial statement reporting) connected persons transactions are disclosed as notes to the account. This is to determine it such transactions were done below market value or for other considerations.

Thus, the transaction (lease) will have a note stating that the lease was from an Uncle of the firm's financial controller.In this way, it will show transparency that the firm is not trying to hide some fundamental facts of the transaction.

8 0
3 years ago
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