Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Ann Chovey has a homeowner’s policy with actual cash value coverage for personal property. Her four-year- old genuine imitation leather naugahyde sofa was ruined by an infestation of mice. It would cost $5,000 to replace the sofa. The sofa had an estimated life span of ten years. Ignoring any deductible, how much would the insurance pay Ann for her sofa?
(Hints: Does actual cash value coverage pay for the replacement of an item or the current actual cash value? How much per year is $5,000 over ten years?)
There was a terrible accident in the home of Diana Thirst. The individual was awarded a judgment of $350,000. Diana’s homeowner’s policy has a maximum limit of $300,000 of personal liability. Ignoring any deductible, how much would Diana be held responsible for after the insurance company pays their portion of the award? If Diana had a personal catastrophe policy (a.k.a. an umbrella policy) with a limit of $1,000,000, how much would Diana need to pay??
Calculate the net present value, using straight-line depreciation for tax purposes. - Calculate the net present value, using the sum-of-the-years digits method of accelerated depreciation, for tax purposes.
Predicated on a tax court case, one of the below doctrines was disallowed. What strategy was employed and how was it conducted. based on several important doctrines. The assignment of income doctrine - states that income must be taxed to the entity t..
Heath Foods's bonds have 15 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 9%. They pay interest annually and have a 7% coupon rate. What is their current yield?
Jug City, Inc. has two divisions within its one central plant: Forming Division and the Kilning Division. The following data apply to the coming budget year: If dual-rate allocation method is used, what amount will be allocated to the both divisions?..
You buy a(n) 7% coupon, 9-year maturity bond for $970. A year later, the bond price is $1,120. Assume coupons are paid once a year and the face value is $1,000. What is the new yield to maturity on the bond (one year from now)? What is your bond's ra..
Tri-City Grocers is a chain of grocery stores that just hired a new CFO. Which of the following actions would you expect this CFO to adopt given her statement that she wants to implement a more flexible financing policy for the firm?
On August 1, Gustavo Fring borrows $160,000 to buy a house. The mortgage rate is 7.5 percent. The loan is to be repaid in equal monthly payments over 30 years. The first payment is due on September 1. How much of the third payment applies to the prin..
When is it appropriate to use the firm's weighted average cost of capital (WACC) to evaluate a proposed investment and what would be the potential implications for Delta if WACC is used to evaluate the pet supply project?
In five years, you plan on starting graduate school to earn your MBA. You know that graduate school can be expensive and you expect you will need $15,000 per year for tuition and other school expenses. Assume that money that is not withdrawn remains ..
Gregg Company recently issued two types of bonds. The first issue consisted of 20-year straight (no warrants attached) bonds with an 9% annual coupon. The second issue consisted of 20-year bonds with a 6% annual coupon with warrants attached. Both bo..
Explain why workers who reached retirement age in the early years of the Social Security system are perceived to have received a better deal than workers about to retire and those who will retire in the future.
Assume that you bought an interest rate cap on three- month LIBOR with a 2.50 percent strike rate. The current rate for three- month LIBOR is 2.28 percent. a. What will happen to the premium (value) on this cap if LIBOR rises to 3.16 percent? Explain..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd