A mortgage banker is originating a level-payment mortgage with the following terms: Annual interest rate: 9 percent
Loan term: 15 years
Payment frequency: monthly
Loan amount: $160,000
Total up-front financing costs (including discount points): $4,000
Discount points to lender: $2,000
a. Calculate the annual percentage rate (APR) for Truth-in-Lending purposes.
b. Calculate the lender’s yield with no prepayment.
c. Calculate the lender’s yield with prepayment is five years.
d. Calculate the effective borrowing costs with prepayment in five years.

What is the relationship among market segmentation, target markts, and consumer profiles?

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)