Answer:
D
Explanation:
To make more sales you need to have a shorter advertisement. Usually long walls of text aren't appealing to the eye so you'll skip pass it.
Answer: While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
Explanation:
The options to the question are:
A) He believes that the actual likelihood of his death occurring in the next twelve months is really much greater than the actuarial estimate.
B) While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
C) Mr. Weed is not rational.
D) A or C
E) None of the above
From the question, we are informed that Robert Weed is considering purchasing life insurance and that he must pay a $180 premium for a $100,000 life insurance policy.
His beneficiary will get $100,000 if he dies and get nothing of he doesn't die. Even though there's a 0.001chanve of him dying, he eventually bought the insurance.
The reason for him buying the insurance is because EMV he realized that the utility that he will derive from buying the insurance is positive, and high. He believed that paying $180 for a chance to get $100,000 was worth the risk even if he had a slim chance of dying.
Answer:
Robert Wallace and Alexander Webster, two scottish drunken ministers invented insurance for orphan and widows. A premium would be paid and invested for profitable purposes. Widows and orphans would be paid out with the return of that money, leaving the premiums to accumulate.
Explanation:
There may be presence of challenge in an individual or a
company when an action is triggered such as having to trigger unwarranted by
facts in which will rise challenge and rivalries among the group or in the
company itself.
Answer: See explanation
Explanation:
Your question isn't complete but I got a similar question online and here is the question that was asked.
What is the present value of interest tax shields if it expects to maintain this debt level into the far future?
The present value of the interest tax shield will be calculated as:
= Tax rate x Debt
= 890million x 21%
= $186.90 million
