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Business, 19.07.2019 17:40 hoopstarw4438
Assume that jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. both options have the same interest rate and amount borrowed. the 30 year, when compared to the 15 year loan will have a monthly payment and a total cost when repayment is completed.
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Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
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Assume that jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. both...
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