What is the cash flow for an auto loan-backed security?
What will be an ideal response?
The cash flow for auto loan-backed securities consists of regularly scheduled monthly loan payments (interest and scheduled principal repayments) and any prepayments. The monthly interest rate may be fixed or floating.
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With an expected increase in ethnic diversity within the American population, marketers are most likely to place a greater emphasis on ________
A) geographic segmentation B) targeted advertising messages C) mass marketing D) "do well by doing good" missions E) corporate giving
A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time
In preparing this distribution for Monte Carlo analysis, the service time 13 minutes would be represented by what random number range? A) 00 through 29 B) 01 through 30 C) 30 through 99 D) 31 through 00 E) None of these; 13 minutes is not a possible outcome.