Assignment Instructions: The purpose of this weeks assignment focuses on debt a
Assignment Instructions: The purpose of this weeks assignment focuses on debt and risk. You will be writing a 2 “ 4 page document with three sections: Section 1: Identify and analyze your debts “What assets secure your debts? What assets do your debts finance? What is the cost of your debts? What determined those costs? What risks do you undertake by being in debt? How can being in debt help you build wealth? Section 2: Risk and the 5Cs “ Are you considered a default risk? How would a lender evaluate you based on the five Cs of character capacity capital collateral and conditions? How could you plan to make yourself more attractive to a lender in the future? Section 3: Review video and comment “ Discuss the Tim Clue video on debt. What makes this comedy spot funny? What makes it not funny? What does it highlight about the appropriate uses of debt? Write a 2-4 page document. Use the template provided. Follow APA format including a title page introduction conclusion citations and a minimum of one scholarly reference (not Wikipedia or Investopedia). Its a help to turn on the MS Word grammar and spell checker these will find errors before your professor does and that can significantly raise your grade. Also always read over your work and listen for incomplete confusing or problem sentences. See the attached APA7 PPT presentation it can help you with citing and referencing in APA style. A Turnitinwill be generated for every document submission so be very careful to not fall afoul of the APUS plagiarism policy. IF you are unsure what constitutes plagiarism please re-read the policy in your students handbook.