Three properties are each valued at 120,000. The first property has a loan of 95,000, the second has a loan of 60,000, and the third has no liens. The property with the highest leverage is the
A) one with no liens.
B) the one with the 60,000 loan.
C) the one with the 95,000 loan.
D) both properties with loans
Answer: C) the one with the 95,000 loan.
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In response to Palme's two final questions, the levered portfolio's range of returns and six- month return when compared to the unlevered portfolio most likely would be:
A. Narrower, lower B. Narrower, higher C. Wider, lower
What is the advantage of email and IM interviews?
A) Email and IM interviews include nonverbal cues that support your message. B) Responses can be edited before being sent. C) You can have notes and other relevant data to pull support from. D) You don't have to wear interview clothes. E) Email and IM interviews are more casual and relaxed than other types of interviews.