No need specific explainations, I'm just double checking it.

Shirin is looking to take a mortgage loan and gets a good faith estimate from several lenders.

Under which element of the good faith estimate will she find the title insurance costs?

Monthly principal payment

Closing costs

Loan type

Interest rate

To raise money to expand his company, Gianni uses his problem-solving skills and sells shares to a small group of investors he knows personally.

Which of the following is true in this case?

The investors will not be entitled to dividends from the profit.

Stocks in the company will be bought and sold in the stock market.

Gianni's company is a privately-held company.

Gianni continues to own 100% of the company.

Tina needs a loan of $18,000 to buy a new car. She has a good credit score and earns $60,000 annually.

Which type of personal loan allows Tina to repay the money through regular monthly payments over a fixed period?

A personal line of credit

A deposit advance

An installment loan

A payday loan

Sylvia has monetary assets of $24,000, and the minimum amount she needs to spend each month is $6,000. The formula for emergency fund ratio is as follows: Emergency Fund Ratio = Monetary Assets / Monthly Living Expenses

For howlong will Sylvia's emergency fund last?

12 months

2 years

3 months

4 months

Ian is a graduate student who is looking to apply for a federal student loan to pay for education expenses not covered by his existing loan. He decides to opt for a direct PLUS loan.

Which of the following is true about Ian's choice?

Ian's loan will not need to be repaid because it is government-issued.

If Ian is enrolled in school more than half-time, the interest on the loan will be paid by the federal government.

Ian will not need to show financial need to receive this type of loan.

The annual amount that Ian can borrow is capped.

Crimson Corp. pays an annual dividend of $0.50. Its dividend growth rate is 2%. Linda is planning to invest in Crimson stock and her required rate of return is 8%.

Using the discounted dividend valuation model shown below, the stock value of Crimson Corp. is __________.

Discounted dividend valuation model = {Dividend (1 + Dividend growth rate)} / (Your required rate of return Dividend growth rate)

$8.50

$8.33

$6.38

$5.00

In which of the following cases would prioritizing liquidity over returns be the most productive choice?

Hanna needs to start an emergency fund for her household.

Chloe wants to buy a large piece of land as an investment.

Anton, who is 33 years old, wants to begin investing for retirement.

Julio wants to double his initial investment to pay off his mortgage quickly.

A pharmaceutical company issues bonds to raise money for expansion.

Which of the following is true in this scenario?

Bondholders are entitled to dividends only if and when a firm's board of directors decides to make a payment.

Bondholders will own a percentage of the company.

The interest the company pays to bondholders is tax deductible for the company.

There is less volatility as bondholders cannot sell bonds before the maturity date.

Sana signs a lease to rent a small house.

Which of the following will be true for Sana?

She will have to buy homeowner's insurance for the duration of the lease.

She will have to pay city and state taxes on the house.

She will not have to pay a security deposit on the house.

She will pay a fixed monthly cost to rent the house.