If the Information in an Individual Borrower's Credit Report Is

question 58

Multiple Choice

If the information in an individual borrower's credit report is in dispute,he or she is entitled to:

• A)correct it.
• B)sue the credit bureau.
• C)erase it.
• D)request a copy of the corrected file.
• E)withdraw from the credit bureau.

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Definitions:

Present Value

It measures the current value of a future amount of money or stream of cash flows, using a specific discount rate to account for the time value of money.

Projected Future Cash Flows

An estimation of the amount of money expected to be received and paid out by a business over an upcoming period.

Fundamental Analysis

An approach to evaluating a security that involves analyzing financial statements, health of the economy, industry conditions, and other factors to determine a security's intrinsic value.

Intrinsic Value

The perceived or calculated true value of an asset, investment, or a company, based on fundamentals, irrespective of market value.