Precondition of receiving benefits

Assignment Help Financial Management

Reference no: EM131188184

Vickie’s house was destroyed by a tornado that passed through her town. She was covered by a standard homeowner’s policy. Vickie must fulfill all of the following duties as a precondition of receiving benefits EXCEPT:

a. Give notice immediately to the insurance company or agent.

b. Protect the property from further damage.

c. Obtain estimates of the damage from credible sources.

d. Prepare an inventory itemizing losses to the building and personal property.

Reference no: EM131188184

Questions Cloud

What was the default risk premium : Tricontinental’s bond had a liquidity risk of 1 percent, a maturity risk of 2 percent, a pure rate of return of 1.5 percent, and an inflation premium of 1.35 percent. If the expected bond yield was 6.25 percent, what was the default risk premium?

Compute the additional annual savings : Jose, age 25, currently saves $7000 per year in his retirement account which is expected to earn 5% return. Jose is planning to retire at 62 and needs to fund his retirement upto age, 85. He has estimated that the annual amount needed during retireme..

Consensus estimate of the coming years market return : Dominion Tech Company has beta of 1.5 and a ROE of 15%. The plowback ratio is 40%. Last twelve month earnings were $3 per share. The annual dividend was just paid. The consensus estimate of the coming year’s market return is 15%, and T-bills currentl..

What is the amount of his annual loan payment : Quantitative Problem: Irving tries to finance his car with Chase. He plans to pay back the loan within 6 years, with a fixed annual payment every year. The loan amount is $24,000. His APR is 6.9%. What is the amount of his annual loan payment?

Precondition of receiving benefits : Vickie’s house was destroyed by a tornado that passed through her town. She was covered by a standard homeowner’s policy. Vickie must fulfill all of the following duties as a precondition of receiving benefits EXCEPT:

Covered by medicare part : Glen is 85 years old and is covered by Medicare part A and part B. While walking down the stairs at his home last week, Glen fell and broke his hip. All of the following medical expenses will be covered under Part A of Medicare EXCEPT:

What is its self-supporting growth rate : Maggie's Muffins, Inc., generated $2,000,000 in sales during 2013, and its year-end total assets were $1,500,000. Also, at year-end 2013, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..

Put the matrix in reduce row echelon form : Writing this set of equations as an augmented matrix. Solve bothe the equations.

What is your forecast of growth : A stock is trading at $90 per share. The stock is expected to have a year-end dividend of $5 per share (D1 = $5), and it is expected to grow at some constant rate g throughout time. The stock’s required rate of return is 15%. If markets are efficient..

User Account

All Pages