Answer:
True
Explanation:
Home equity loan is a kind of loan in which a person borrows against the equity of his or her home, i.e the home is used as a collateral. The loan that can be gotten by the individual is dependent on the value of the home or residence and this value can only be determined by an appraiser from the institution providing the loan. In instances when the borrower is unable to repay the loan, the lending institution can foreclose on the home which has been used a collateral.
Home equity loan can be used to finance expenses like education bills, medical bills and so on.
Therefore, Veronica took a home equity loan to help finance her children's education.
As the dollar becomes stronger relative to a foreign currency for a given face value of bond holdings it will yield more home currency to the foreigners so that the assets will be worth more to the foreign investors
Explanation:
The value of the debt increases as the dollar value fluctuates because the debt that is held by the foreigners by changing the value of the money debtors will be repaid by the government
The bonds that are paid off in dollars will be of the lesser value and hence there will be a decrease in the value of the dollars and in the value of what they owe
Answer:
Place
Explanation:
The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.
In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.
The four P's in marketing are :
price
, product
, place and promotion.
A product's target market is a part of 'place' of the 4 P's of the marketing strategy.
The steps for finding the EOQ in a quantity discount model with variable H are:
- The optimal point is the quantity that yields the lowest cost
- Start with the lowest price
- If the minimum point is feasible
- Otherwise, compare total costs
What is the Economic Order Quantity(EOQ)?
The Economic Order Quantity is the ideal quantity of units a company should purchase to meet demand while minimizing inventory, costs such as holding costs, shortage costs, and order costs.
The economic order quantity formula assumes that demand, ordering and holding costs all remain constant.
Learn more about Economic Order Quantity here:
brainly.com/question/7224625
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Answer:
lower than 4.53%
Explanation:
To determine whether the project is viable, we will use the Internal Rate of Return (IRR). This is the rate at which the Net Present Value (NPV) becomes Nil. In other words, the point at which the discounted net cash outflows are equal to the discounted net cash inflows
In this question, there is one outflow of cash worth $220 million at the start of the project (t=0) and one inflow of $300 million in 7 years.
To calculate IRR, we will use the following formula:.
220 = [300 / ((1+r)^7)]
Solving for r, we find that the interest rate is 4.53%.
Given the cash flows, the project should be accepted at all rates below 4.53% as it will create value for the company.