How are prepayments on pools of auto loans measured?
What will be an ideal response?
Prepayments for auto loan-backed securities are measured in terms of the absolute prepayment rate, denoted not by APR but by ABS (probably because it was the first prepayment measure used for asset-backed securities). The ABS is the monthly prepayment expressed as a percentage of the originalcollateral amount. Recall that the SMM (monthly CPR) expresses prepayments based on the prior month's balance.
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Myanmar, a low-income country in Southeast Asia with a population of 65 million people, can be considered as an emerging markets
Indicate whether the statement is true or false
The four Ps are elements that make up the ________ ________.
Fill in the blank(s) with the appropriate word(s).
Ev-R-Green Co, a private corporation, decides to sell substantially all of the company's assets. Under the Model Act and many state statutes
a. the sole remedy for dissenting shareholders is to sell their stock on the stock exchange. b. the board must first get unanimous shareholder approval for this fundamental change. c. Ev-R-Green must buy back, at fair value, the stock of any shareholders who object to the decision. d. the company may buy back, at fair value, the stock of any shareholders who object to the decision or the shareholders who object may receive the right of first refusal to purchase corporate assets.
Which statement(s) below characterize stretch goals?
a. When properly managed, stretch goals may encourage flexible thinking as well as positive affect and enthusiasm. b. When improperly used, stretch goals may create feelings of fear and anxiety over the ability to achieve the goal and as a result, may actually reduce creativity and the ability to process new information c. Stretch goals should never be used because they fall into the “unattainable” range of goal difficulty and thus reduce goal commitment and motivation to achieve the goal d. both “a” and “b”