Answer:
Explanation:
the file attached shows the solution to the three questions asked i hope it helps. thank you
Answer:
A) mortgage pipeline.
B) mortgage
Explanation:
Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the mortgage pipeline.
A mortgage pipeline refers to mortgage loans that are locked-in with a mortgage originator by borrowers, mortgage brokers, or other lenders. <u>A loan stays in an originator's pipeline from the time it is locked until it falls out, is sold</u> into the secondary mortgage market, or is put into the originator's loan portfolio.
Answer:
$22.20
Explanation:
Using the equation to calculate the price of a share of stock with the PE ratio:
P = Benchmark PE ratio * EPS
So, with a PE ratio of 15
P = 15*($1.48)
P = $22.20
Answer:
Answer for the question:
Find the interest rates in the following situations. a. APRequals9%, compounded quarterly. Find the effective annual interest rate. b. Nominal rate is 8% compounded monthly. Find the effective semi-annual rate. c. The effective annual interest rate is 9.06% and compounding is monthly. Find the nominal interest rate. d. requals9% and compounding is quarterly. Find the effective semi-annual interest rate
is given in the attachment.
Explanation:
Answer:
Classifying a cost as either direct or indirect depends upon B: whether the cost can be easily traced with the cost object
Explanation:
The classification of a cost as direct or indirect depends on the connection to the cost object. If the cost can be linked undeviatingly to the cost object, it is direct. On the contrary, if it can't be traced to the cost object it is indirect.
A. whether a cost is fixed or variable. Incorrect. A direct cost can be fixed or variable.
B. whether the cost can be easily traced with the cost object. Correct.
C. the behavior of the cost in response to volume changes. Incorrect. This is a variable cost (or fixed that changes in relevant range)
D. whether the cost is expensed in the period in which it is incurred. Incorrect.