If your homes value drops below your outstanding loan, Financial Management

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If your homes value drops below your outstanding loan

1a) If your home’s value drops below your outstanding loan balance, you have negative equity

Is this true or false?

1b) If a company must sell assets quickly to raise money to pay off contractual obligations, the relevant value is of the property is the “liquidation value.

Is this true or false?

1c) Forest City Realty Trust, Inc. principally engages in mortgage banking and land speculation.

Is this true or false?

1d) Forest City Realty Trust, Inc. owns, acquires and operates office and life science buildings.

Is this true or false?

1f) Forest City Realty Trust, Inc. does not operate regional malls because management of the company has decided that online retailing will destroy property values.

Is this true or false?

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Financial Management: If your homes value drops below your outstanding loan

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Financial Management: If your homes value drops below your outstanding loan

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