What is the cash flow yield of a mortgage pass-through security?

What will be an ideal response?


Given the projected cash flow and the price of a pass-through, its yield can be calculated. The yield is the interest rate that will make the present value of the expected cash flow equal to the price. A yield computed in this manner is known as a cash flow yield.

Business

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Robert is the CEO of a small firm which manufactures inverters. Company sales have been increasing, and Robert finds it increasingly difficult to manage the salespeople. The company has a sufficient number of salespeople, but they are not able to reach all current and potential customers. Robert also has difficulties in evaluating the performance of salespeople. What advice can you give Robert?

A. Robert can ask the salespeople to work overtime to obtain better coverage. B. Robert can ask salespeople to report directly to him, and he can use the authoritative management style. C. Robert can appoint more supervisors for managing and evaluating the sales force. D. Robert can manage the salespeople by assigning each of them to different groups of customers. E. Robert can hire more salespeople to have better sales coverage.

Business

Answer the following statements true (T) or false (F)

1.People are not likely to be creative when they love what they do as it removes the motivation to do anything else. 2.Weak relationships may foster creativity up to a point, beyond which the number of ties may even constrain creativity at work. 3.Creativity is based on the ability to think of more than one place or on more than one level at a time. 4.Taken together, job design, supervision, organizational climate, and the allocation of adequate time, and resources can have a potent and synergistic effect on individual and organizational creativity.

Business

Linear programming models with a single RFM dimension are formulated as:

a. Binary linear programming models. b. Non-binary linear programming models. c. Either a or b d. Neither a nor b

Business

List four types of financial institutions that you have made use of or might deal with in the future

What will be an ideal response?

Business