The question is incomplete:
A borrowers expresses concern that once he signs all the documents he will be stuck with a second mortgage. A good response by a Notary Signing Agent could be to:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
b. Suggest the borrower stop, take a few days to reconsider, and then reconvene once the borrower feels more comfortable
c. Recommend that the borrower sign documents now and then cancel the loan within three days if the borrower is still concerned
d. Assure the borrower that the borrower’s loan term are excellent and should continue
Answer:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
Explanation:
As the borrower is concern that he will be stuck wit a second mortgage, a good response is to contact his lender's representative as that would be the appropiate person to help him understand all the conditions on his mortgage and be sure that they are good and that he will be able to pay back the loan.
The other options are not right because the borrower should reconsider but he needs to talk to the lender's representative to get all the information to be able to make a decision, he shouldn't sign the documents if he is not sure and a Notary Signing Agent is not the appropiate person to talk about the loan terms.
Answer:
$33.26
Explanation:
We calculate the cashflow for each year
being
1.85 x (1 + 24%) = 2.294
2.294 x (1+18%) =
2.70692 x (1+12%) = 3.0317504
Then, we solve for the dividend grow model being the presnet value of the future cash dividends growing at 6%
3.0317504(1+.06) / (0.14 - 0.06) = 40.1706928
Last, we discount each one by the required return as they are ahead of time and not at present date
![\left[\begin{array}{ccc}Year&cashflow&PV\\&1.85&\\1&2.294&2.0123\\2&2.70692&2.0829\\3&3.0317504&2.0463\\3&40.1706928&27.1141\\&TOTAL&33.2556\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DYear%26cashflow%26PV%5C%5C%261.85%26%5C%5C1%262.294%262.0123%5C%5C2%262.70692%262.0829%5C%5C3%263.0317504%262.0463%5C%5C3%2640.1706928%2627.1141%5C%5C%26TOTAL%2633.2556%5C%5C%5Cend%7Barray%7D%5Cright%5D)
A. Interest is charged only on the amount you actually borrow
Answer: it is a focus group
Explanation: because it is more than one person and more than two
Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.
