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As a single person, you decide to buy a house. You make $6,800 gross income monthly. Current conventional fully amortizing mortgage terms are 6.5%, monthly payments, 30 year term. Assume the real estate taxes are $400 per month and insurance is $90 per month. Based on the traditional housing expense ratio of 28%, what is the maximum you can pay for a home, based on an LTV of 80%?
Explain the situation of the event. Describe the company's ethical obligation in their communications to the public.
anderson inc. is considering a project with an initial cost of 28000. the project will produce cash inflows of 9000 a
What's the present value, when interest rates are 7.5 percent, of a $170 payment made every year forever? (Round your answer to 2 decimal places.)
Barnes Air Conditioning, Inc., has two classes of preferred stock: floating rate preferred stock and straight (normal) preferred stock.
Assume today is July 15th 2015 and Anne Showboat has an outstanding loan with a principal of $100,000 that must be paid in full in April 21st, 2022 (i.e., 6 years, 277 days or 6.759 years). She seeks to earn at least a 10 percent annual rate of retur..
What is a model? Identify some of the basic characteristics of a model. List some of the benefits associated with the usage of mathematical models in system analysis. What are some of the problems/concerns?
Why do you think the trade deficit announcement sometimes has such an impact on foreign exchange trading? In some periods, foreign exchange traders do not respond to a trade deficit announcement, even when the announced deficit is very large. Offer a..
Show that, in the ATSP formulation, the connectivity constraints (6.61) and the subtour elimination constraints (6.62) are equivalent.
Why the United State public has not acceted the concept "The free market is the best regulator of business" for regulating depository financial institutions.
a. the djh corporation just paid a dividend of 2.75 . it expects its cash dividends to grow 6.0 per year forever.
FIN 3660- List the 5 steps in the recommended procedure to estimate a person's monetary value for the purpose of life insurance. List and describe the six categories of needs to consider in determining the amount of insurance a person should carry.
difference between a privately and a publicly held company
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