Business

Taylor Conley

5 July, 12:22

After graduating from NYU Stern, you join the CRE originations business at a large commercial bank. In your first deal, your bank originates a $35m fixed rate commercial mortgage with a 4.75% annual interest rate, 10 year term, 30 year amortization period, and monthly payments. What is the size of the balloon payment due on this mortgage?

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “After graduating from NYU Stern, you join the CRE originations business at a large commercial bank. In your first deal, your bank ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Marketing consists primarily of advertising a product or service. a. True b. False

Based on the corporate valuation model, Gay Entertainment's total corporate value is $1,200 million. The company's balance sheet shows $120 million of notes payable, $300 million of long-term debt, $50 million of preferred stock, $180 million of

Gold examiner receives $147,000 from a local bank and promises to deliver 100 units of certified 1-oz. gold bars on a future date.

What factors are involved when there is an interaction between a person and an experience?

Suppose you are contemplating the purchase of a commercial lawn mower at a cost of $10,000. The expected lifetime of the machine is three years.

New Questions in Business

What is a disadvantage of government bonds? a) they have a high intrest rate b) They are difficult to find c) They are relatively risk-free d) all of the above

The Sedgwick Company estimates sales of a new product at 5,000 units and $3.00 per unit. Management feels the sales quantity is accurate within a 10 percent plus-or-minus range while the sales price is accurate within a 5 percent plus-or-minus range.

The actual cost of direct labor per hour is $ 11.00 and the standard cost of direct labor per hour is $ 9.50. The direct labor hours allowed per finished unit is 0.25 hour.

A large oil company is studying the number of gallons of gasoline purchased per customer at self-service pumps. The mean number of gallons is 10.0, with a standard deviation of 3.0 gallons. The median is 10.75 gallons.

Eighty percent of your business comes from 20% of your Question 7 options: effort. personal referrals. years in business. customers.