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1. Describe the difference between a buyer taking title subject to the mortgage versus assuming the mortgage.
2. Explain the difference between the equity right of redemption and the statutory right of redemption.
3. Explain the differences between a regular mortgage and a deed of trust.
4. What is the principal risk for the buyer/borrower in a contract for deed?
5. Describe a conforming loan.
6. What is the purpose of recording documents?
Dow Chemical Company has bonds outstanding which are priced at $1,273.20. These bonds carry a coupon rate of 8.85%, make semiannual payments, and mature in 11 years. Assuming the par value is $1,000, what is the annual yield to maturity (YTM) on thes..
What is the expected return and risk of each stock
Explain this article and discuss your opinion on the impact of increased rates on stocks, bonds, housing, and the overall economy. (only a brief paragraph or two).
Briefly explain two basic characteristics of ordinary life policies. What are two limitation of ordinary life insurance? Describe two basic characteristics of variable life insurance
during a period of rising prices the financial statements of a firm using fifo reporting instead of lifo reporting
The value of a $100,000 fixed-rate 30-year mortgage falls to $89,537 when interest rates move from 5% to 6%. What is the approximate duration of the mortgage?
why is the roe a more appropriate proxy of wealth maximization for smaller firms rather than for larger
Janet purchased her personal residence in 2000 for $250,000, In January of 2009 she converted it to rental property. The fair market value at the time of conversion was $210,000.
suppose the following bond quote for iou corporation appears in the financial page of todays newspaper. assume the bond
The Company suppose that wages and benefits paid to clerical personnel will be $7,000 per month while commissions to sales associates average 25 percent of collectible sales.
If each coded item in a catalog begins with 3 distinct letters followed by 4 distinct nonzero digits, find the probability of randomly selecting one of these coded items with the first letter a vowel and the last digit even.
Calculate the net profit margin earning before interest and taxes is $20,000, net income is $10,000, sales are $50,000, and total assets are $100,000
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