Oldhat Financial started its first day of operations with $9 million in capital. $130 million in checkable deposits are received. The bank issues a $25 million commercial loan and another $50 million in mortgages, with the following terms: Mortgages: 200 standard 30-year, fixed-rate with a nominal annual rate of 5.25% each for $250,000 Commercial loan: 3-year loan, simple interest paid monthly at 0.75%/month If required reserves are 8%, what does the bank balance sheet look like

Drew owns the what-not shop, which he is trying to sell so that he can retire and travel. the shop owns the building in which it is located. this building was built at a cost of $647,000 and is currently appraised at $819,000. the counters and fixtures originally cost $148,000 and are currently valued at $65,000. the inventory is valued on the balance sheet at $319,000 and has a retail market value equal to 1.1 times its cost. jake expects the store to collect 96 percent of the $21,700 in accounts receivable. the firm has $26,800 in cash and has total debt of $414,700. what is the market value of this firm?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: