score? (0.5 points) A credit score is a number based on a level analysis of a person’s credit files‚ to represent the creditworthiness of that person. 3. What is installment credit? (0.5 points) Loan repaid with interest owed‚ in equal periodic payments of principal and interest 4. What is revolving credit? (0.5 points) a credit plan that imposes regular repayments and a predetermined spending limit 5. What is noninstallment credit? (0.5 points) a system of credit that is payable
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Banking Terms and Concepts • Accrued interest: Interest due from issue date or from the last coupon payment date to the settlement date. Accrued interest on bonds must be added to their purchase price. • Arbitrage: Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market. • Ask Price: The lowest price at which a dealer is willing to sell a given security. • Asset-Backed Securities (ABS): A type of security that is backed by a pool
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expected returns on equity of two firms‚ Macrosoft and Microsoft‚ that operate in the same industry are 10.50% and 12.60%‚ respectively. What is the return on assets in this business if Macrosoft has no debt? (No more than two decimals in the percentage interest rate‚ but do not enter the % sign.) Your Answer | Score | Explanation | 10.50 | 10.00 | Correct. You understand that return on assets in a business connot vary for different forms. | Total | 10.00/10.00 | | Question Explanation | | |
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GOODMAN FIELDER LIMITED (GFF) COMPANY VALUATION REPORT Investment BAFI 1042 Kevin Dorr 3195598 GOODMAN FIELDER LIMITED COMPANY VALUATION REPORT Scope • The report looks at all publicly available data about the company via the annual reports and publications • An analyses of the company’s weakness and strength has been conducted with detailed look at the fundamentals impacting the company • The report outlines the ratios in relation to probability‚ return on equity‚ using several
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analysis indicates that theoretical modeling based on unrealistic assumptions led to serious problems in mispricing in the massive unregulated market for credit default swaps that exploded upon catalytic rises in residential mortgage defaults. Recent academic research implies solutions to the crisis that are appraised to be far less costly than a bailout of investors who made poor financial decisions with respect to credit analysis. JEL: G11‚ G12‚ G13‚ G14 1 Electronic copy available at: http://ssrn
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Cons of Payday Loans There are plenty of advantages associated with payday loan options‚ but there are disadvantages too. For one thing‚ the interest and fees applied to payday loans are pretty high: as much as $15 to $25 on every $100.00 that the individual borrows. If the borrower asks for an extension‚ the interest rate is even higher. The high-interest rates are applied because payday lending is a risky business and it is‚ unfortunately‚ a business where many borrowers do not pay loans back on
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do people use them? It’s a card someone can use to buy things with by borrowing money from a financial institution. 2. What is interest? How does interest affect credit card purchases? If you do not pay back the debt and the amount you spent on your credit card‚ the bank charges extra money on top of the original amount you have to pay which is called interest 3. What are the benefits of using a credit card? What are the drawbacks of using a credit card? You may not have the money at
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when ‘perfect capital markets’ exist (see below for conditions)‚ when a firm only chooses projects with a positive NPVs‚ they will maximise shareholder wealth. The following conditions for perfect capital markets are: - Same capital market interest rates‚ returns and prices for all - Free and equal access to capital markets - No participants have any market power over prices - All participants have the same information - No taxes that distort economic decisions Fisher’s
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for establishing credit is a secured credit card 3. What is debt services default? (0.5 points) can be of two types: debt services default and technical default. Debt service default occurs when the borrower has not made a scheduled payment of interest or principal 4. What is the Better Business Bureau? (0.5 points) is a nonprofit organization focused on advancing marketplace trust 5. What is a debt settlement program? (0.5 points) programs typically are offered by for-profit companies‚ and
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RESEARCH PAPER PRINCIPLE OF ECONOMICS‚ LAND REFORM ECON103 (TIME: 10:00 – 11:00 A.M.) PERSONAL MONEY MANAGEMENT Submitted by: Daryl Roa Submitted to: Mr. Nico Del Valle I. Introduction: The idea of management implies that you have a goal or a set of goals in mind. Therefore‚ the first and most important part of money management is to clarify your own goals‚ commit to them and write them down. Why do you need money? What will you use your money for? How much do you need?
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