Examlex
Malcolm has a down payment of $45 000 on a house valued at $200 000.He might be better off to borrow an additional $5000 on a personal loan to avoid the high ratio insurance premium.
Forward Rate
The agreed-upon price for a transaction that will occur at a future date, as in a forward contract.
Zero-Coupon Bond
A bond that is sold at a discount and pays no interest, but is redeemed at its face value at maturity, generating a profit for the holder.
Yield
The income return on an investment, such as the interest or dividends received, usually expressed as an annual percentage of the investment's cost.
Zero-Coupon Bond
A bond that is sold at a discount and does not pay interest but is redeemed at its full face value at maturity.
Q2: Rashid's monthly expenses are $4000 and he
Q4: List four ways to reduce your automobile
Q8: How much coverage would be provided under
Q22: If you were to apply for and
Q24: You have $5000 to invest for short-term
Q28: ADRs cannot be exchanged for the underlying
Q37: The time between writing a cheque and
Q37: Taxpayers who have high taxable incomes may
Q44: Losses from _ exposure generally reduce taxable
Q56: Since rates and fees differ only slightly