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Explain the automobile insurance (listed below) and provide an appropriate example of this type of insurance.
Automobile insurance
In addition to your explanation, you need to address the following in relation to the automobile insurance in a three pages essay :
Describe how risk can be managed.
Evaluate the risks in society.
Discuss the relationship between risk and this type of insurance.
Describe the risk management tools.
Discuss the legal principles of risk and this type of insurance
Are governmental fund financial statements sufficient for users seeking information about budgetary control and operational accountability? If so, why? If not, what type of information is needed to properly assess the effectiveness of the agency’s bu..
If an organization's non operating and operating activities are profitable in a given year, which of the following statements is most correct?
The project is expected to cost $25,000 today and expected to provide the same amount of cash inflows of $X for the next 6 years. Assuming that the cost of capital is 12% and its MIRR is 16%. What is $X?
Roger Bhd’s common stock is selling for RM29.50 and recently paid dividends of RM1.75 per share. The company has an expected growth rate of 4 percent. What is the stocks expected rate of return? Should you make the investment if your required rate of..
Consider a 10-year, $1000 coupon bond, redeemable at par, and assume that the coupon is paid continuously with an annual coupon rate of 5%. The bond is said to be callable, if the borrower (the issuer) can redeem the bond at a time prior to the matur..
Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $8.50 per share and has announced that it will increase the dividend by $6.50 per share for each of the next four years, and then never pay another dividend.
Find the future values of the following ordinary annuities:
you are an arbitrageur looking for opportunities to capitalise on mispriced securities. you notice that the bhp put
Heath Food's bonds have 25 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 7%. They pay interest annually and have a 6% coupon rate. What is their current yield
Ms. Queen, age 21, is a full-time college student with an athletic scholarship that provides the following annual benefits: Tuition payment ...$12,800 Fees and books ...3,500 Room and board ...10,000 Ms. Queen works in the athletic department as a tr..
Xytex Products just paid a dividend of $1.62 per share, and the stock currently sells for $28. If the discount rate is 10 percent, what is the dividend growth rate?
A consultancy calculates that it can supply crude oil assaying services to a small oil producer for $120,000 per year for five years. There are some upfront costs the consultancy will require the oil producer to absorb. What is the maximum that these..
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