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FromTheMoon [43]
1 year ago
11

Which rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insura

nce?
Business
1 answer:
ELEN [110]1 year ago
5 0

Replacement rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insurance.

Insurance refers to a type of risk management in which the insurer provides the insured with protection from risks of all kinds - financial, health, accidental, etc.

The insured is also called the policyholder, and he makes a payment called premium to be insured. If the specified event for which the insurance cover is provided takes place, the insurer is bound to compensate the insured financially.

A replacement rule delineates the process in which the premium payments on existing policy is discontinued or forfeited, and a new policy is purchased.

To learn more about the replacement rule: brainly.com/question/27922977

#SPJ4

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The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after
laila [671]
<h3>Hello there!</h3>

Your question asks what would be the current stock price.

<h3>Answer: D). $33.50</h3>

In order to find the solution to your question, we're going to need to find how much growth the stock made in 3 years, and see how much it grew by 6% after the 3 years. WE also need to calculate the "rs" into the stock price.

Lets solve:

D = Dividend

(Numbers next to D) = Years

D0 = 1.25\\\\ \text {We would multiply 1.25 by 1.15}\\D1 = 1.25*1.15 = 1.44\\\\D2 = 1.44*1.15 = 1.66\\\\D3 = 1.66*1.15 = 1.91\\\\ \text {We would now multiply by 1.06}\\\\D4 = 1.91*1.06 = 2.02\\\\\text {Price of stock at end of Year 3} = (2.02)/(.11-.06) = 40.40\\\\\text {Current Price of the stock} = \\1.44/1.11 + 1.66/(1.11^2) + (1.91+40.40)/(1.11^3) = 33.58

Once you're done solving, you should get 33.58. Since it's not an answer choice, we'll just choose the one that's close to it.

Therefore, you should get the answer D). $33.50

Answer choice D). $33.50 should be your FINAL answer.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
Vanessa’s snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get
aivan3 [116]

The given statement, "Vanessa’s snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get someone from the Maintenance, Installation and Repair Pathway of the Manufacturing career cluster to fix the issue" is True .

<u>Explanation: </u>

Includes work in protective maintenance with computers, tools and materials. The servicing, deployment and restoration process, Computerized, digital, digital and mechanical structures for troubleshooting and repair used

They will use machines, computing systems, equipment for storing, soldering, or do manual labour. Career work in the field involves automotive owners, glass makers, manufacturing leaders and equipment technicians and metalworkers.

Maintenance, repair and upgrade functions are also sometimes used for maintenance, repair, and service. Throughout the period, computer terminology has tended to optimize.

3 0
3 years ago
A large distributor has 4 retail outlets. Currently each outlet manages its ordering independently. Demand at each retail outlet
Grace [21]

Answer:

a. Units to be ordered to minimize the total cost in the CENTRALIZED system:

= B: 15811 units.

b. Units to be ordered to minimize the total cost in the DECENTRALIZED system:

= E: 5590 units.

Explanation:

a) Data and Calculations:

Demand at each retail outlet = 1,000 per day

Number of days in a typical retail year = 250 days

Total annual demand at each retail outlet = 250,000 (1,000 * 250)

Total annual demand at the distributor = 1,000,000 (250,000 * 4)

Cost of each unit of product = $120

Total cost of product at each retail outlet = $30,000,000 ($250,000 * $120)

Total cost of product at the distributor = $120 million

Holding cost per unit = $14.40 ($120 * 12%)

Ordering cost per order at each retail outlet = $900

Ordering cost per order at the distributor = $1,800 ($900 * 2)

a. Units to be ordered to minimize the total cost in the CENTRALIZED system:

= EOQ = square root of (2 x D x S/H)

where D = annual demand

S = ordering cost

H = Holding cost

= square root of (2 * 1,000,000 * $1,800)/$14.40

= square root of 250,000,000

= 15,811 units

= square root of (2 * 250,000 * $900)/$14.40

= square root of 31,250,000

= 5,590 units

7 0
3 years ago
A project with an initial investment of $438,500 will generate equal annual cash flows over its 9-year life. The project has a r
motikmotik

Answer:

$70 194.95

Explanation:

The computation of the minimal annual cash flow needed for accepting the project is shown below:

As we know that

Present value of annuity = Annuity × [1 - (1 + interest rate)^ - time period] ÷ rate

$438,500 = Annuity × [1 - (1.08)^ - 9] ÷ 0.08

$438,500 = Annuity × 6.246887911

So,

Annuity = $438,500 ÷ 6.246887911

= $70 194.95

7 0
2 years ago
Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a
Alex Ar [27]

The discounted payback period for the project is 2.33 years.

Time  Cashflow PVF at 8% Present value  Cumulative Present value

0           -$100            1                 -100                          -100

1                40       0.925926     37.03704                   -62.963

<u><em>2              50        0.857339      42.86694                  -20.096</em></u>

3               60       0.793832      47.62993                   27.53391

<u>Note</u>

  • The PVF for each year are derived using the PVF calculator (i.e PVF, 8%, 0 years)
  • We can also observe that we are able to payback the money before the entire 3rd year, therefore, the 2nd year will be used in calculation of discounted payback period.

Discounted payback period = 2 Years + 20.096/47.6299

Discounted payback period = 2 Years + 0.33

Discounted payback period = 2.33 years.

Therefore, the discounted payback period for the project is 2.33 years.

Missing word includes <em>"Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%: Initial Outlay = $100 Cash Flows: Year 1 = $40 Year 2 = $50 Year 3 = $60"</em>

See similar solution here

<em>brainly.com/question/13247540</em>

3 0
2 years ago
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