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You want to sell your house, which you believe is worth $2 million. You contact a real estate agent who predicts that your home will sell for $3 million. You're overjoyed to learn that amount, but when you get the selling contract from the agency, you discover that you'll have to pay the agent a 2.1% commission on the sale price. Other agents you talk to have a lower expected selling price and commissions of 1.7% to 1.9%.
You suggest to the first agent that you pay no commission if the property sells for less than $3 million, and a higher commission of 3% if it sells for $3 million or more, but she refuses.
Explain how this plan was made to counter agency costs and unethical behavior in the real estate sector.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
This report is specific for a core understanding for Financial Accounting and its relevant factors.
Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.
Briefly describe the major differences between a sole proprietorship and a corporation
Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month
What are the implied interest rates in Europe and the U.S.?
State pricing theory and no-arbitrage pricing theory
Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.
The Effect of Financial Leverage and working capital management
Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.
Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.
Time Value of Money project
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