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A drunk driver ran a red light and smashed into Kristen's car. The cost to repair the car is $8000. She has collision insurance on her car with a $500 deductible.
a. Can Kristen collect from both the negligent driver's insurer and her own insurer? Explain your answer.
b. Explain how subrogation supports the principle of indemnity.
If the risk-free rate is 4.50 percent and the expected return on the market is 12 percent, what is Dybvig's cost of equity capital?
bummel and strand corp. has a gross profit margin of 33.7 percent sales of 47112365 and inventory of 14595435. what is
Robin began taking required minimum distributions from her profit sharing plan in 2010. In 2013 Find the false statement.
What are the strategic importance of Neodymium uses such as magnets, coloring of glass, and infrared radiation filtering?
Suppose Microsoft has no debt and an equity cost of capital of 9.2%. The average debt-to-value ratio for the software industry is 13%. What would its cost of equity be if it took on the average amount of debt for its industry at a cost of debt of 6%?
At the end of December, the account is worth $3,060,000.00. What is the cash-flow adjusted rate of return for December?
Critique the level of innovation in your workplace; include a brief description of your organization and your position. Is innovation encouraged? Provide examples to demonstrate how innovation is encouraged or discouraged?
the relationship between the value of an annuity and the level of interest rates is as follows the present value of an
What is the minimum number of years in which an investment costing $210,000 must return $65,000 per year at a discount rate of 13% in order to be an acceptable investment?
1. Thornley Machines is considering a 3-year project with an initial cost of $618,000. The project will not directly produce any sales but will reduce operating costs by $265,000 a year. The equipment is depreciated straight-line to a zero boo..
What is the product, and why do you think it became scarce? What happened to the price of the product when it was scarce?
How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated?
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