Answer:
The longest period of time that a forbearance may be placed on your account at one time is 12 months.
Explanation:
Forbearance is an option people have to postpone the payments of a student loan for a set period of time for reasons like: going back to school, a low salary, unemployment, or a disease. It is a temporary relief for someone that can't pay the loan for a specific situation they have.
Answer:
Explanation:
Data given and notation
represent the sample mean
represent the standard deviation for the sample
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to determine if the mean is lower than 5600, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
(1)
t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
If the required rate of return is 7.2%, no such security shall be purchased.
<h3>What does the required rate of return mean?</h3>
The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.
The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.
As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.
Read more about the required rate of return here:
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Answer:
cost of capital 16%
Explanation:
SML formula:

r_f = 3%
β = 1.3
r_m = 13%
0.03 + 1.3(0.13-0.03)
firm's required return = .16 = 16%
Answer:
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Explanation:
All five of these products must pass through a stamping machine ... ... All Five Of These Products Must Pass Through A Stamping Machine In Its Fabrication Department. This Machine Is Kinsi's Constrained Resource. Kinsi Would Make The Most Profit If It Produces The Product That: A)