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Hubert recently purchased a $78,000 broad form HO-2 policy with no deductible. A year later, his roof is damaged by a fire and he suffers a loss of $62,400. If the replacement value of Hubert's house is 130,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of?
If you were a company faced with such a claim, how would you refute the claim? If you were the claimant, how would you support your claim?
does interest rate parity imply that interest rates are the same in all
Breuer Investment's convertible bonds have a $1,000 par value and a conversion price of $50 a share. What is the convertible issue's conversion ratio
Find the 3-year forward rate ^(3). Keep at least 6 decimal digits while doing calculations and reporting the answer.
Set up a scientific Petty Cash Book from the accompanying data
In 2010, ABC, Inc. issued a preferred stock that was sold for $900. If the discount rate on that issue remains the same, what is the price of ABC's preferred
If a portfolio experiences a 30% gain in period 1 followed by 30% loss in period 2 what is the cumulative return over both rods?
Proust Manufacturing Co. produces personal fitness machines. The once successful line is no longer selling well, so the company is considering production.
A bank offers one-year loans with a stated rate of 6.5 percent, charges a 1/2 percent loan origination fee, imposes a 10 percent compensating balance.
Burt's TVs has current liabilities of $24.6 million. Cash makes up 37 percent of the current assets and accounts receivable makes up another 17 percent.
What is an agency relationship? What is managerial opportunism? What assumptions do owners of corporations make about managers as agents?
FIN 3660- What is the impact of exercising the premium loan clause, i.e., how could it impact the face amount of coverage? What are two key advantages of this provision? What is the disadvantage of exercising this option?
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