What happens to price if mortgage credit becomes scarce or, Financial Management

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What happens to price if mortgage credit becomes scarce or

1. What happens to price if mortgage credit becomes scarce or underwriting guidelines become more stringent?

2. For a firm that has adequate access to capital markets, is it more reasonable to assume reinvestment at WACC OR IRR explain.

3. Visa Card and other credit card issuers must by law print the annual percentage Rate (APR) on their monthly statements. If the APR is stated to be 18.00%, with interest paid monthly, what is the card’s EAR?

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