Which for the following are true of fixed re payment loans?
1) A loan that needs the debtor to really make the exact same repayment every duration before the maturity date is known as a
B) fixed-payment loan quicken title loans.
C) discount loan.
D) a loan that is same-payment.
E) none regarding the above.
5) A $16,000 voucher relationship by having an $800 voucher re payment every has a coupon rate of year
E) None associated with the above.
10) Which of this after $1,000 face-value securities gets the yield that is highest to readiness?
A) A 5 % voucher relationship with an amount of $600
B) A 5 % voucher relationship with an amount of $800.
C) A 5 per cent voucher relationship with an amount of $1,000. (more…)