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Gelneren [198K]
2 years ago
15

Builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors. Quest

ion 9 options: a) True b) False
Business
1 answer:
Anna [14]2 years ago
8 0

It is true that builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors.

<h3><u>What is Builder's risk coverage ?</u></h3>

Builder's risk insurance, commonly referred to as course of construction insurance, is a specific kind of real estate insurance that aids in protecting structures that are still being built. It is crucial for assisting in the protection of building projects, but it can be difficult to understand. But having a builder's risk insurance coverage that is correctly set up might be quite important. In reality, it will form the basis of an effective risk management strategy.

Builder's risk insurance shields building projects against property damage brought on by:

  • Fire
  • Lightning
  • Hail
  • Explosions
  • Theft
  • Vandalism
  • Natural disasters caused by God

To view similar questions about builder's risk coverage, refer to:

brainly.com/question/24030221

#SPJ4

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3 years ago
A month ago, you bought a one-year bond with a value of $100 that pays a fixed interest rate of 5 percent per year. The interest
My name is Ann [436]

Answer:

less desirable to other investors

Explanation:

<u>Given</u>: Current fixed coupon rate 5%

           Market rate of interest 5%

           New Market Rate of Interest 6%

Value of a bond is inversely related to economy interest rate or the yield to maturity (YTM). Value of a bond is expressed by the following equation:

B_{0}\ = \frac{C}{(1\ +\ YTM)^{1} }  \ +\ \frac{C}{(1\ +\ YTM)^{2} } \ +....+\ \frac{C}{(1\ +\ YTM)^{n} }\ +\ \frac{RV}{(1\ +\ YTM)^{n} }

wherein, C = Coupon rate of interest

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                n= Years to maturity

             RV = Redemption value

In the given case, C = YTM i.e par value bond. When ytm rises to 6%, the value of the bond shall fall making such a bond less attractive since it represents lower coupon payments than investor expectations.

Thus, now the bond would be less desirable to other investors.

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During the past year, a firm produces 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10.
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Total costs = $ 10,000 + $ 2,500 = $ 12,500

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