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1. If a Personal Auto Policy is written without physical damage coverage on the covered auto and the insured acquires an additional auto
there is no physical damage coverage on the additional auto.
physical damage coverage applies to the new auto for 14 days.
physical damage coverage applies to the new auto for 4 days.
physical damage coverage will not apply until the insurer is notified.
2. Cyber liability insurance
covers technology-related risks such as those arising out of e-commerce
typically excludes coverage for expenses associated with a data breach.
typically excludes coverage for damage to data caused by a computer virus.
all of the above.
The Mallie Company has planned capital expenditures that total $2,000,000. The Mallie Company wants to maintain a target capital structure that is 35% debt and 65% equity. The Mallie Company forecasts that its net income this year will be $1,800,000...
You want to have $20,000 for the down payment on a house in 10 years. Your parents have promised to give you $3,000 in three (3) years. How much do you need to set aside today if you can earn an 8% APR with monthly compounding on the money you save a..
New equipment costs $98,500 and is expected to last for four years with no salvage value. determine the PVCCATS of the purchase.
The ABC Company expects stock prices to decrease. The current stock price is $96. The company purchases a put option, with exercise price of $93 and a premium of $3 per share. Assume instead that the stock price was $88 just before the expiration dat..
Assume a company wished to issue 10 million of 8-year bonds. what should the company to receive for each $1,000 face value?
Working capital will revert back to normal at the end of the project. If the tax rate is 35% what is the irr for this project?
Larry Manufacturing's value of operations is equal to $900 million after a recapitalization (the firm had no debt before the recap). Larry raised $300 million in new debt and used this to buy back stock. Larry had no short-term investments before or ..
One problem with the IRR method is that:
Calculate your personal weighted average cost of capital. Describe the benefits of saving your money and paying cash for a car.
What is the 2001 cash conversion efficiency? How long is the 2000 cash conversion period? What is the 2001 sustainable growth rate? Holding costs are estimated at $1.25per ton of bauxite. What is the EOQ for Torque?
The readings provide three approaches or viewpoints in regards to ethics in negotiations, Provide all three along with a definition of each. Finally, discuss wh
What is your reaction to Harriet's suggestion of using the cost of debt only? Is it a good idea or a bad idea? Why?
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