Alender is considering what terms to allow on a loan. current market terms are 8 percent interest for 25 years for a fully amortizing loan. the borrower, rich, has requested a loan of $100,000. the lender believes that extra credit analysis and careful loan control will have to be exercised because rich has never borrowed such a large sum before. in addition, the lender expects that market rates will move upward very soon, perhaps even before the loan is closed. to be on the safe side, the lender decides to extend to rich a cpm loan commitment for $95,000 at 9 percent interest for 25 years; however, the lender wants to charge a loan origination fee to make the mortgage loan yield 10 percent. what origination fee should the lender charge? what fee should be charged if it is expected that the loan will be repaid after 10 years?

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products