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1. If a borrower has a high credit score, then there is-----------------
no chance of his or her loan getting approved
a minimal chance of his or her loan getting approved
a high chance of more collateral requirements for his or her loan
a high chance of his or her loan getting approved
2. Persons with very poor credit ratings can still get _____ credit cards.
prestige
affinity
reward
retail
secured
3. If you initiated the telephone call, it is okay to give your credit card account number when ordering or purchasing from major catalog houses, airlines, hotels, and so on.
true
false
A bond matures and the firm repays the $50 million face value of the debt and issues $50 million of new debt at par with a lower interest rate.
What is the best form of ownership?
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Collingwood Homes has a bond issue outstanding. What is the Yield to Maturity of this bond? What is the Capital Gain Yield of this Bond?
You must evaluate the purchase of a proposed spectrometer for the R&D department. What is the initial investment outlay for the spectrometer.
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find the “terminal” stock price using a benchmark PE ratio. What is the target stock price in five years? What is the stock price today?
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Starting in year 6 the company's dividend is going to grow at 6% until year 10, and then will grow at 2% forever. What is the price of the company's stock?
Calculate the total interest cost over 180 days for a variable-rate loan. Which is the lower-interest-cost loan for the next 180 days?
Develop a personal and household savings plan. What savings strategies will you use to improve your financial situation? Explain why you chose each strategy instead of others that you did not choose. How much will you save each month? How much intere..
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