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3 years ago

Which of these is a sign that you're dealing with someone engaged in unfair lending

Business

1 answer:

MAXImum [283]3 years ago

7 0

Answer:

O All of the above

Explanation:

Honest and legitimate lenders require a borrower to be their client for a set period before they can advance credit to them. By the time the customer requests a loan, the lender will have some financial data to help them decide on the credit request.

Differentiating between a genuine and unfair lender is not that difficult. Unfair lenders are not interested in the borrower's ability to repay. They push a customer to sigh-up fast and for a high loan amount. The unfair lender aims at profiting from the collateral they receive as a guarantee for the loan. Genuine lenders are concerned about the risk involved in lending to a customer. They need some assurance that the client can repay.

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Let $S$ be the set of complex numbers of the form $a + bi,$ where $a$ and $b$ are integers. We say that $z \in S$ is a unit if t

lakkis [162]

Answer:

Number of units possible in S are 4.

Explanation:

Given S is a set of complex number of the form $a+bi$ where a and b are integers.

$z\in S$ is a unit if $w\in z$ exists such that $zw=1$ .

To find:

Number of units possible = ?

Solution:

Given that:

$zw = 1$

Taking modulus both sides:

$|zw| = |1|$

Using the property that modulus of product of two complex numbers is equal to their individual modulus multiplied.

i.e.

$|z_1z_2|=|z_1|.|z_2|$

So,

$|zw| = |1|\\\Rightarrow |zw| =|z|.|w| =1\\\Rightarrow |z|=\dfrac{1}{|w|}$ ......... (1)

Let $z=a+bi$

Then modulus of z is $|z| = \sqrt{a^2+b^2}$

Given that a and b are integers, so the equation (1) can be true only when $|z| = |w| =1$ (Reciprocal of 1 is 1). Modulus can be equal only when one of the following is satisfied:

(a = 1, b = 0) , (a = -1, b = 0), (a = 0, b = 1) OR (a = 0, b = -1)

So, the possible complex numbers can be:

$1.\ 1 + 0i = 1\\2.\ -1 + 0i = -1\\3.\ 0+ 1i = i\\4.\ 0 -1i = -i$

Hence, number of units possible in S are 4.

6 0

4 years ago

Your $6100 investment grows to $12200 over the course of 9 years compounded quarterly. what interest rate did you receive on you

k0ka [10]

The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years

Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%

Hope it helps!

6 0

3 years ago

One year ago, Alpha Supply issued 15-year bonds at par. The bonds have a coupon rate of 6.5 percent, paid semiannually, and a fa

Masja [62]

Answer:

option (C) - 6.11%

Explanation:

Data provided :

Coupon rate one year ago = 6.5% = 0.065

Semiannual coupon rate = $\frac{0.065}{2}$ = 0.0325

Face value = $1,000

Present market yield = 7.2% = 0.072

Semiannual Present market yield, r = $\frac{0.072}{2}$ = 0.036

Now,

With semiannual coupon rate bond price one year ago, C

= 0.0325 × $1,000

= $32.5

Total period in 15 years = 15 year - 1 year = 14 year

n = 14 × 2 = 28 semiannual periods

Therefore,

The present value = $C\times[\frac{(1-(1+r)^{-n})}{r}]+FV(1+r)^{-n}$

= $\$32.5\times[\frac{(1-(1+0.036)^{-28})}{0.036}]+\$1,000\times(1+0.036)^{-28}$

= $32.5 × 17.4591 + $1,000 × 0.37147

= $567.42 + $371.47

= $938.89

Hence,

The percent change in bond price = $\frac{\textup{Final price - Initial price}}{\textup{Initial price}}\times100\%$

= $\frac{\textup{938.89-1,000}}{\textup{1,000}}$

= - 6.11%

therefore,

the correct answer is option (C) - 6.11%

4 0

4 years ago

Accessory Industries has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 100

Natalija [7]

Answer:

Equity is 0.29

Debt is 0.64

Preferred stock 0.07

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)*Kp*P/V

However, the requirements of the question is weights of the bonds,equity and preferred stock which are E/V,D/V and P/V respectively

E is the value of equity=2,000,000*$22=$44,000,000

D is the value of debt =100,000*$1000*96%=$96,000,000

P is the value of prefered stock=1,000,000*$10.50=$10,500,000

Total firm's finance(V) $150,500,000

E/V=$44,000,0000/$150,500,000=0.29

D/V=$96,000,0000/$150,500,000=0.64

p/v=$10,500,000/$150,500,000=0.07

4 0

3 years ago

Read 2 more answers

Green Corporation has current earnings and profits of $100,000 and negative accumulated earnings and profits of ($200,000). A $5

Sphinxa [80]

Answer:

False

Explanation:

Green's distribution of $50,000 in to its sole shareholder at the end of the year should be treated as a dividend because Green's total earnings and profits for the year were $100,000.

A distribution from a corporation to a shareholder can only be treated as a dividend when the corporation made a profit during the current year, or has positive accumulated earnings and profits.

5 0

3 years ago