100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
UCSD Pecore MGT 12 Final Exam Questions & Answers 2024/2025 $8.49   Add to cart

Exam (elaborations)

UCSD Pecore MGT 12 Final Exam Questions & Answers 2024/2025

 8 views  0 purchase
  • Course
  • UCSD Pecore MGT 12
  • Institution
  • UCSD Pecore MGT 12

UCSD Pecore MGT 12 Final Exam Questions & Answers 2024/2025 APR - ANSWERSAnnual percentage rate or percentage cost of credit, standardized for comparison Truth in Lending Law - ANSWERSfed law, creditors have to disclose APR and finance charge as dollar amount finance charge - ANSWERScost...

[Show more]

Preview 2 out of 9  pages

  • October 22, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • UCSD Pecore MGT 12
  • UCSD Pecore MGT 12
avatar-seller
Bensuda
UCSD Pecore MGT 12 Final Exam
Questions & Answers 2024/2025

APR - ANSWERSAnnual percentage rate or percentage cost of credit, standardized for comparison



Truth in Lending Law - ANSWERSfed law, creditors have to disclose APR and finance charge as dollar
amount



finance charge - ANSWERScost of credit in total dollar amount (includes cost, service charge, credit
related insurance premiums or appraisal fees)



cost of credit- average daily balance - ANSWERSE(balance x day)/days total



bankruptcy - ANSWERSlegal process, all assets distributed among creditors, can't pay debts



bankruptcy - ANSWERS-submit petition

-many debts forgiven

-assets sold to pay creditor

-can keep some assets

-fresh start

-most filed used to be this



things may still owe - ANSWERStaxes and fines, child support and alimony, education loans, debts for
willful or malicious acts



bankruptcy rules - ANSWERSvoluntary plan proposed to bankruptcy court to pay portion of debt over 5
yrs

-reg income

-no more than 250k unsecured debt or 750k secured debt

, -payments made to trustee who distributes money to creditors

-court may allow to keep prop and pay less than full ddebts

cost to debtor includes court costs, attorney's fees and trustee's fees and costs



preparing for investment plan - ANSWERS-work to balance budget

-pay off high interest CC debt

-emergency fund 3-9 mo

-fast cash access (cash advance and line of credit)



factors affecting investment choices - ANSWERSsafety and risk

risk tolerance

rate of return

drivers of risk in investments

investment income

investment growth

investment liquidity



risk-return tradeoff - ANSWERSlevel 1: financial security - cash, money market mutual funds, U.S. gov
bonds

level 2: safety and income - U.S. securities, selected corp and municipal bonds, income stocks and
conserv mutual funds

level 3: GROWTH-

growth stocks, growth mutual funds, rental

level 4: speculation- spec stocks, options, commodities, high risk investments



stock return - ANSWERS10% ROR annually



bonds return - ANSWERS5% ROR annually

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.49
  • (0)
  Add to cart