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Explain whether each of the following losses would be covered under Section II in the homeowners policy. If the loss is not covered, explain how coverage can be obtained.
a. The insured owns a restaurant in a large city. The insured is sued by several customers who allege they became seriously ill from a contaminated banana cream pie served at the restaurant.
b. While operating a 30-foot sailboat, the insured injures a swimmer.
c. The named insured is sued by his ex-wife, who alleges her reputation has been ruined because the insured lied about her relationship with another man.
explain what is meant by a perfect hedge. does a perfect hedge always lead to a better outcome than an imperfect
Your co-worker wants to know more about the ins and outs of budgeting. In 3-5 paragraphs, describe the role of budgeting in businesses and the costs and benefits associated with it. Further, explain the elements of a behaviorally sound budget cult..
To price these bonds competitively with other bonds of equal risk, it is determined that they should yield 10 percent, compounded annually. At what price should the Kumar Corporation sell these bonds?
A coffee shop has a cost of $0.80 per cup of gourmet coffee. They use a mark-up of 200 percent. Determine the price will they charge for a cup of gourmet coffee?
Does there appear to be a pattern in price movements? If today is day 252, what do you predict will happen to the price over the next day? What do you predict will happen to price over the next two to three weeks? Why?
A $1000 bond has a coupon rate of 10 percent and matures after eight years. Interest rates are currently 7 percent.
Explain the cumulative feature of preferred stock. What is the purpose of a call feature in a preferred stock issue?
Identify the savings (investment) instruments you use or have used in the past (if you haven't used any, identify those that you are most likely to use). Now, identify a number of alternative savings (investment) instruments that you have not used..
preparing a personal balance sheet. use the following items to prepare a balance sheet and a cash flow statement.
What is your guess regarding management's perception of the firm's long-run earnings (rounded to the nearest cent)?
You're planning your retirement and you come to the conclusion which you need to have saved $1,250,000 in 30 years. How much do you have to put in your account at the end of each year to reach your retirement goal?
analyze the following scenario the unified path is an umbrella organization that solicits donations to support its many
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