Considering the benefits and importance of insurance, the ten roles of insurance in a business include "<u>security and safety</u>."
<h3>The other roles of insurance in a business are:</h3>
- Mitigation of risk
- Provision of insurance service by the insurance company
- Protection from unexpected losses
- Ease of getting loans
- Provision of social cooperation
- It enhances saving habits
- It aids some contracts that require it.
- There are tax benefits.
- Promotion of trades and industry, etc.
Hence, in this case, it is concluded that insurance plays various roles in business.
Learn more about Insurance here: brainly.com/question/4953989
Answer:
PV of annuity due = $90,182.8 (Approx.)
Explanation:
Given:
Payment per year = $12,000
Number of year = 10
Interest rate = 7% = 0.07
Find:
PV of annuity due
Computation:
PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]
PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]
PV of annuity due = $90,182.8 (Approx.)
Answer:
5%
Explanation:
stock's Alpha = R - Rf - beta (Rm - Rf)
- R represents the stock's return = $6/$25 = 24%
- Rf = 6%
- Beta = 1.3
- Rm = 16%
Alpha = 0.24 - 0.06 - 1.3 (0.1) = 0.24 - 0.06 - 0.13 = 0.24 - 0.19 = 0.05 = 5%
A stock's Alpha is basically the excess return that the stock yields compared to an specific benchmark, e.g. S&P 500, Dow Jones.
Answer:
First-line managers operate their departments. They assign tasks, manage work flow, monitor the quality of work, deal with employee problems, and keep the middle managers and executive managers informed of problems and successes at ground level in the company.
Explanation:
