Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Answer:
Prosperity is a period in which all common goods are plentiful or a certain areas economy does very well or a population boom that is well sustained.
Correct/Complete Question: An insured is entitled to coverage under a policy that a prudent person would expect it to provide. This principle is called
A. Adhesion
B. Reasonable sensibility
C. Reasonable expectations
D. Insurable interest
Answer:
C, Reasonable expectations
Explanation:
Reasonable expectations is a legal concept in that says that an insured is entitled to coverage under a policy that a prudent and reasonable person would expect it to provide.
Alternatively, reasonable expectation could be said to be something one has good claims to expect will be done or is supposed to be done.
Cheers.
Answer:
The current price of stock is $31.94.
Explanation:
The stock price can be calculated by simply dividing the last paid dividend with net required rate of return of expected growth rate.
Growth rate = 0% (as sales not expected to grow)
Last Dividend = $5.75
Rate of return = 18% = 0.18
Price of stock = Last dividend / ( rate of return - growth rate )
Price of stock = $5.75 / ( 18% - 0% )
Price of stock = $5.75 / 18%
Price of stock = $5.75 / 0.18
Price of stock = $31.94
Answer: Opputtinity cost - cost fixed
Explanation:
