________ is a major challenge when writing for a listener
A) Providing lots of statistics
B) Grabbing the attention of the listener quickly
C) Providing information that is easily reviewed
D) Presenting lots of incidentals
B
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Life insurance companies, not willing to deal directly with mortgagors/ trustors, usually pay a loan servicing and preparation fee and make real estate mortgage loans to purchase indirectly through:
A: FHA or VA; B: Savings and loan associations; C: Mortgage companies; D: Any of the above.
Jumbo Transport, an air-cargo company, expects to have earnings per share of $2.00 in the coming year. It decides to retain 10% of these earnings in order to lease new aircraft. The return on this investment will be 25%
If its equity cost of capital is 11%, what is the expected share price of Jumbo Transport? A) $12.71 B) $14.83 C) $16.94 D) $21.18