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Anvisha [2.4K]
3 years ago
6

what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note. your bi

lling statement. your financial aid offer
Business
1 answer:
Natalija [7]3 years ago
7 0

The document that explains your rights and responsibilities as a federal student loan borrower is A. your master promissory note.

The master promissory note refers to the legal document where one promises to repay their loans and any fees or accrued interests to the Department of Education.

The <em>master promissory note</em> also explains the terms and the conditions of the loan that's taken. It's simply a legally binding document. One has to understand the rights and then responsibilities before one takes the loan.

In conclusion, the correct option is your master promissory note.

Read related link on:

brainly.com/question/25077675

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A company's corporate code of ethics is a document given to a newly hired employee on the first day of work. Usually he is asked
harina [27]

Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

A Corporate Code of Ethics represents a set of business principles designed to regulate employee behaviour and to ensure that the mission and objectives of the company do not conflict. The most important ethical codes are listed below:

Integrity is a virtue.

Objectivity is a virtue.

Competence in the field.

Trustworthiness.

Professional conduct.

These are extremely important for us to maintain because they not only mark us as individuals, but also make us responsible employees of any organization that wishes to keep us together in the long run. WE MUST OBEDIENT TO THEM in order to ensure that, regardless of what we say or think, there will be a code of ethics that will help us to change over time and contribute to the progressive nature of things in our environment. This will also identify the IT firm employee, helping us to get a clearer understanding of the situation.

3 0
3 years ago
Understanding opportunity cost
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5 0
3 years ago
The Greeson Clothes Company produced 25,000 units during June of the current year. The Cutting Department used 6,380 direct labo
ra1l [238]

Answer:

Cutting Department:    

Rate variance = 6380*(10.9-11) = -638 Favorable  

Time variance = 11*(6380-25000*0.25) = 1430 Unfavorable  

Total direct labor cost variance = (6380*10.9)-(25000*11*0.25) = 792 Unfavorable

Sewing Department:

Rate variance = 9875*(11.12-11) = 1185 Unfavorable  

Time variance = 11*(9875-25000*0.4) = -1375 Favorable  

Total direct labor cost variance =(9875*11.12)-(25000*11*0.4) = -190 Favorable

4 0
3 years ago
XYZ, Inc. has a beta of 1.06. The risk-free rate is 6 percent and the expected return of the market is 15.25 percent. What is XY
cestrela7 [59]

Answer:

15.8%.

Explanation:

Calculation for XYZ's cost of equity using the CAPM

Using this formula

Cost of equity = Rrf + βi[E(Rm) - Rrf]

Let plug in the formula

Cost of equity= 6% + 1.06×[15.25% - 6%]

Cost of equity= 6% + 1.06×9.25%

Cost of equity= 15.8%

Therefore the Cost of equity will be 15.8%

4 0
3 years ago
A 1-year gold futures contract is selling for $1,645. Spot gold prices are $1,592 and the 1-year risk-free rate is 3%. The arbit
stealth61 [152]

The arbitrage profit implied by these prices is $5.24.

<h3>Arbitrage profit</h3>

Given:

Future contract= 1645

Sport gold price = 1592

Risk-free rate (rf) = .03

Hence:

Arbitrage profit=1645-[1592(1+1.03)¹]

Arbitrage profit=1645- 1639.76

Arbitrage profit=1645 =$5.24

Therefore the arbitrage profit implied by these prices is $5.24.

Learn more about  arbitrage profit here:brainly.com/question/15394730

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5 0
2 years ago
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