A buyer intends to sell a house within two years. The buyer would prefer

a. a loan with no prepayment penalty.
b. a loan with low initial loan costs.
c. an assumable loan.
d. all of these.

Answer: d. all of these.

Business

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A variable x starts at zero and follows the generalized Wiener process

dx = a dt + b dz where time is measured in years. During the first two years a=3 and b=4 . During the following three years a=6 and b=3 . What is the expected value of the variable at the end of 5 years A. 16 B. 20 C. 24 D. 30

Business

The Bear Corporation uses a tool that embeds a code into all of its digital documents. It then scours the internet, searching for codes that it has embedded into its files. When Bear finds an embedded code on the internet, it knows that confidential information has been leaked. Bear then begins identifying how the information was leaked and who was involved with the leak. Bear is using

A) an information rights management software. B) a data loss prevention software. C) a digital watermark. D) a stop leak software.

Business