What is the current LTV of a mortgage loan?
What will be an ideal response?
The current LTV is the LTV based on the current unpaid mortgage balance and the estimated current market value of the property.
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A hydraulic lift has a mean time between failures of 245 hr and mean time to repair of 20 hr. In this case, the availability is ______.
A. 0.925 B. 0.970 C. 0.940 D. 0.930
On January 1, Year 1, Fox Co, Inc, issues $100,000 par value, 10% bonds maturing in 10 years to yield 12% per year, compounded semiannually on January 1 and July 1 . Use the present value tables. Refer to the Fox Co Inc example. What is the bonds payable account (net of any bond discount or premium) at the end of Year 2 to the nearest amount shown?
a. $104,374 b. $100,000 c. $89,172 d. $85,519 e. $83,519
The more a firm moves away from the export stage of development, the less rigorous the training should be, including its breadth of content.
Answer the following statement true (T) or false (F)
The payback method considers cash flows that occur both during and after the payback period
Indicate whether the statement is true or false