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You drink 5 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for? A. The insurer will pay all the claims B. Nothing. The insurer does not have to pay any of these claims C. The insurer will pay the liability claims, but not the damages to your car, because of the fact that you were drunk D. The insurer will say, “Who are you? Nobody here remembers selling you a policy.”
The exclusion of flood in a homeowners policy is an example of A. Excluded peril Excluded property Excluded activity Excluded condition
A. Excluded peril
B. Excluded property
C. Excluded activity
D. Excluded condition
NI and CF are totally unconnected, and investors care more about NI. NI and CF are certainly positively related, but investors care more about NI. NI and CF are totally unconnected, and investors care more about CF. NI and CF are certainly positively..
A company has $30 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 110,000 units annually. What is the price if a mark-up of 40% on total cost is used to determine the price?
assignment most people become aware of the importance of derivatives only by reading headline reports of major
Agency law plays a big part in corporate responsibility (and liability). Differentiate between an employee and an independent contractor. What is the difference and what are the key factors that must be considered in determining one’s status as an em..
The percent of sales method of forecasting assumes which of the following is constant?
Based on the allocation of dollars among the 3 assets and their expected returns, what is your portfolio's expected return? Based on the allocation of dollars among the 3 assets and their betas, what is your portfolio’s beta (NOTE: Portfolio beta is ..
everest has also found that after only two years of using a machine for a semi-automatic process a more advanced model
mergernbsp analysis with terminal valuesharrison ltd. is considering acquiring pugs international inc. pugs had cash
A company has 30K units of bond with a par value of $1,000 per unit. The bond is selling at 100% of par value. What is the market value of debt? What is the total capital the company raised?
Muncy, Inc., is looking to add a new machine at a cost of $4,133,250. The company expects this equipment will lead to cash flows of $817,322, $863,275, $937,250, $1,019,610, $1,212,960, and $1,225,000 over the next six years. An investment of $83 gen..
A large automobile manufacturer has developed a continuous variable transmission (CVT) that provides smooth shifting and enhances fuel efficiency by 3 mpg of gasoline. The extra cost of a CVT is $850 on the sticker price of a new car. For a particula..
Which of the following statements about the net present value method of selecting projects is true?
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