Adjustable-rate mortgages are riskier than fixed-rate mortgages. However, they may be useful when the interest rate is expected to ________ in the future

Which of the following rights does a surety have?

-Right to compel the creditor to collect from the principal debtor -Right to compel the creditor to proceed against the principal debtor's collateral A. Yes, Yes B. Yes, No C. No, Yes D. No, No

What is the required return for a stock that has a 6% constant growth rate, a price of $25, an expected dividend of $2, and a P/E ratio of 10?

A) 14% B) 5% C) 22% D) 10%