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assignment - 9. project: creating a business letter
attempt 1 of 1
section 1 of 1
question 1 of 1
use your imagination and a word processor to write a business letter with two to three paragraphs. your business letter
should have all the correct parts in the correct order. be sure to include the correct number of blank lines (hard returns) to
separate the major parts. also consider the writing tips listed earlier. be sure to influence the reader to hire her for a job. it
would also be appropriate to indicate that you have sent a copy to your coworker. the recipient of the letter is:
eric n. marcus
marcus production company
3 turner avenue
monsey, ny 10952
select an appropriate font that is easy to read. change the size of the text to 10 pt font. use the spell check to identify
mistakes, proofread carefully, and correct mistakes. save and upload the letter.
what would you like to do next?
work on questions
2008, 2009, 2011, 2015 glynlyon, inc.
terms of use

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

What are six resources for you decide which type of business to start and how to start it?

Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.