Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? • 10 year FRM, fully amortizing, annual payments
• 10% CPR assumption
• 100 loans in the pool
• Average starting balance of $350,000/loan
• Mortgage rate 5%, annual
• No servicing/guarantee fees

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk