Individual investors and financial organizations can purchase seasoned mortgages and deeds of trust through the federal national mortgage association (fnma). A mortgage that has been in place for some time and has a solid track record of repayment by the mortgagor is seasoned.
What does the term "mortgage" mean?
a formal arrangement through which the owner (i.e., the buyer) gives the lender the title to their property as security for the payment of a mortgage note. After the debt is settled and the mortgage is thrown out, a satisfaction of mortgage is submitted to the registrar or recorder of deeds in the county where the mortgage was recorded.
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Answer:
The correct option is $7,option C
Explanation:
The approach here is that we calculate the value of the firm after the cash dividend distribution ,which is simply the value of operations of $1000 since the short-term investments of $100 has been used in paying dividends.
Thereafter,the value of equity is the value of operations of $1000 minus the value of debt at $300,that is $700 ($1000-$300).
Finally intrinsic share price=value of equity/number of shares
number of shares is 100
intrinsic value per share=$700/100=$7 per share
Armon apparels designs, manufactures, and distributes athletic apparel and accessories for men and women. the company has only nine distributors across the united states. these distributors control a nationwide network of 600 retailers. the company does not sell its products through other channels. this is an example of selective distribution.
Which of the following descriptions is the most complete and accurate description of a click-only business? These are companies that previously did not exist as businesses and started websites. A major US retail chain has decided to expand its business by adding an online e-commerce site.
In this channel, scaffold manufacturers sell their goods directly to customers. An example of a ZERO LIMIT channel is a factory outlet store. Many service providers, such as vacation companies, bypass traditional retail intermediaries, and travel agents, and sell directly to consumers.
If the company decides to use a commercial agent instead of the company's sales representative, which of the following problems is most likely to arise? becomes difficult.
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Answer:
9.68 percent
Explanation:
Calculation to determine the firm's cost of equity
Using this formula
Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends
Let plug in the formula
Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024
Cost of equity=($1.24928/$17.15)+0.024
Cost of equity=0.0728+0.024
Cost of equity=0.0968*100
Cost of equity=9.68 percent
Therefore the firm's cost of equity is 9.68 percent
Answer:
Option A) is correct
Explanation:
The demand for a product and it's price are directly proportional.
As the United States increases the export of its supply of natural gas, the supply of natural gas in the United States itself reduces. So, the demand for natural gas in the United States increases.
As a result, the price of natural gas in the United States increases.
So, option A) is correct.
