A fixed interest rates is generally a better option than a variable rate in which situation?
A. A business owner is seeking a short-term loan to cover emergency
expenses and expects to pay it off quickly.
B. A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time.
C. A contractor is seeking a mortgage on a home that he plans to "flip," or renovate to sell, within 18 months.
D. A student is seeking a credit card to use for daily expenses and plans to pay off the balance each month.

Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?

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Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.