Give the major financial advantages of home ownership
What will be an ideal response?
Answer: Owning a home is one of the only true tax shelters left today. You can deduct the mortgage interest, property taxes, and home equity loan interest (in most cases). You may find the monthly mortgage payment actually less than a monthly rental, thus improving your cash flow. For most people, the home is the single largest investment they will make. By following the smart buying principles most homes will appreciate in value while at the same time the mortgage is being reduced leaving a sizeable amount of equity over time. Many people enjoy the independence and pride of ownership in their own home. Remodeling and landscaping decisions, for the most part, are up to the owner's discretion and imagination.
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What are the key elements of extreme programming?
What will be an ideal response?
In working with ROPMs (real option pricing models) and options valuation, a call option is a(n)
A) obligation to purchase an asset at a later date at a fixed price. B) obligation to either purchase or sell an asset at a later date at a strike price. C) right to purchase an asset at a later date at a strike price. D) right to purchase or sell an asset at a later date at a fixed price. E) an obligation to sell an asset at a later date at a fixed price.