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Tina purchased a personal umbrella policy with a $1 million limit and a $1,000 self-insured retention. Her insurer required her to carry a $300,000 liability limit under her homeowners policy. Tina was held responsible for slandering a public official. The public official won a $100,000judgment against Tina. The insurer that wrote Tina's homeowners policy denied coverage. How much will the insurer pay under Tina's personal umbrella policy?
The average home costs= $275,000 today. How much will it cost in ten years if price rises by 5% each year?
Computation of yield to maturity at a current market price of bond and Would you pay $829 for each bond if you thought that a "fair" market interest rate for such bonds was 12%- that is if r=12%
At the beginning of the year, an 80 percent owned subsidiary acquired a parent's bonds from unaffiliated parties at a gain of $20,000.
Starting three months from now, you want to be able to withdraw $1,700 every quarter from your bank account to cover college expenses over the next four years.
Newspaper vending machines are designed so that once you have paid for one paper, Using the concept of marginal utility, explain why these vending machines differ.
Objective type questions on bank reconciliation and Combining the functions of signing checks with the approval of expenditures
is it true that an option can never sell for lessthan you can make by exercising the option
Describe theory on discounted cash flows method in Capital Budgeting but assets cannot be valued soundly if we do not have well-functioning capital markets
Describe and discuss the concepts of federal deficit and the national debt. How statistically significant are they for the United States as compared to other countries? Discuss how the deficits and debt arise.
Compare and contrast M&A failures, such as technical and legal insolvency, and bankruptcy. Also require to consider what happens to stakeholders, company image, price per share, market share, company assets, industry position, goodwill, and service..
Explain Accounts receivables and No other asset build-up will be required to service the new accounts
The stocks of Microsoft and Apple have a correlation coefficient of 0.6. The variance of Microsoft stock is 0.4 and the variance of Apple stock is 0.3. What is the covariance between the two stocks?
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