Answer:
D. Capacity
Explanation:
In order to applying for a loan, the financial institution analyze the borrower information in terms of creditworthiness i.e. collateral property, cash on hand, repayment conditions, status of the job. These factors should be based on the capacity of the borrower whether he or she is eligible for a loan or not
Therefore according to the given situation, the option D is correct and the same is to be considered
When buying on margin, brokers typically charge low interest.
<h3>What is margin?</h3>
Margin is the sum of money borrowed from a broker to pay for an investment; it is equal to the difference between the investment's entire value and the loan sum.
In the field of finance, the term "margin" has many different definitions. A company's profitability can be determined by looking at its profit margin. Margin is a deposit made by an investor to open a position in the realm of futures trading. In contrast, the margin in stock trading is cash borrowed from a broker. However, before taking out one of these loans, keep in mind that interest will be charged on money borrowed in margin accounts.
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Answer:
The Seller would be primarily liable
Explanation:
Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.
Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan
Answer:
8.21%
Explanation:
The computation of the coupon rate is given below:
But before that PMT would be determined
Given that
NPER 25
RATE 7.28%
PV $1,105.63
FV $1,000
The formula is shown below:
=PMT(RATE,NPER,PV,FV,TYPE)
The present value comes in negative
After applying the above formula, the PMT is $82.09
Now the coupon rate is
= $82.09 ÷ $1,000
= 8.21%
