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Types of Mortgages
1. Traditional Mortgages
2. Non - Traditional Mortgages
3. Graduated-Payment Mortgages (GPMs)
4. Pledged-Account Mortgages (PAMs)
5. Adjustable-Rate Mortgages (ARMs)
6. Swiss Variable Rate Mortgage
7. Share-Appreciation Mortgages (SAMs)
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Q. What do you signify by Cost of Capital? What do you signify by 'Cost of Capital'? What is its meaning and what are the problems in determination of cost of capital? Ans.
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