With bad credit you are more dependent on others which statement is correct? O A Bad credit means you have more options on places to live Bad credit means you don't have to pay your bills on time, since your credit OB is already bad. So, you can buy more things on credit Bad credit means you may have to live at home with your parents for a long 0 time. It also means you may have trouble getting a good job. and trouble getting a loan. And even if you get a loan, you will pay a lot more in interest OD. Bad credit means you always have to pay less for items like car insurance

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

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.