Answer: d.) profits were zero and its economic losses were $500,000.
Explanation:
Answer:
The correct answer to the following question is warehousing.
Explanation:
Warehousing can be defined as process in which banks and lenders would provide mortgage loans to consumers , with the intention of quickly selling those loans in the secondary market. Here the individual loans would be bundled together based on some common element like size of the mortgage or the creditworthiness of the borrowers and all these loans would be sold as a single unit.
Answer:
A, the price of bond Bill and bond Ted will change by -9.35% and -15.87% respectively.
B. the price of bond Bill and Ted will change by 10.63% and 21.55% respectively.
Explanation:
Answer:
$388,000
Explanation:
Data provided
Bond certificates printed = $26,000
Legal fees paid = $110,000
CPA registration = $12,000
Underwriter commission = $240,000
The calculation of amount of bond issue costs is shown below:-
Total Bond issue costs = Bond certificates printed + Legal fees paid + CPA registration + Underwriter commission
= $26,000 + $110,000 + $12,000 + $240,000
= $388,000
Answer:
monthly Payment = $937.65
Explanation:
Given that Don bought a new automobile for $28,000 and that Don made a cash down payment of $7,000 also and agreed to pay the remaining balance in 30 monthly installments . We know that the Loan Amount = 28,000 - 7,000 = $21,000 . Now we need to calculating Monthly Payment on Loan by Using TVM Calculation,
We have
PMT = [PV = 21,000, FV = 0, N = 30, I = 0.24/12]
PMT = $937.65
Therefore, the monthly Payment = $937.65
