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VikaD [51]
3 years ago
6

The insured owns an older home with lath and plaster walls. Following a kitchen fire, the insurance company pays to have the wal

l replaced with drywall that is just as functional, but costs less than lath and plaster. Which loss valuation allows the insurance company to have plaster replaced with drywall?
Business
2 answers:
Umnica [9.8K]3 years ago
4 0

Answer:

Answer is Functional Replacement Cost.

Refer below.

Explanation:

Functional Replacement Cost — the cost of procuring another thing of property that will play out a similar capacity with equivalent productivity, regardless of whether it isn't indistinguishable from the property being supplanted.

Stolb23 [73]3 years ago
3 0

Answer:

Functional Replacement Cost.

Explanation: Functional Replacement Cost is the cost of acquiring another equipments which has the capacity of performing the same functions as the one being replaced. In this case,the equipment acquired may not be similar to the one which it is aimed at replacing.

Functional replacement policy is a policy or product of Insurance companies which helps subscribers to be able to replace such items which may have been destroyed by fire or other accidents.

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You are considering investing $1,000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% a
astra-53 [7]

Answer:

amount to be investment in risky portfolio =  $405

amount invest in security x = $243

amount invested in security Y = $162

Explanation:

given data

investing = $1,000

Treasury bills = 5%

optimal weights of X = 60 %

optimal weights of Y = 40 %

expected rate of return x =  14%

expected rate of return y = 10%

solution

we know that

                      weight                     return                     return from risky port

X                     60 %                         14 %                       8.4 %

Y                     40 %                          10 %                       4%

total                                                                                 12.4 %

so here

return from risky portfolio is = 12.4 %

and

return from risk free investment = 5 %

so 'we consider here investment in risky portfolio = x

so investment in risk free  = 1 - x

so we can say that

12.4 % × x + 5 % × (1-x) = 8 %

solve we get

x = 0.405

so investment in risky portfolio = 0.405

so investment in risk free  =0.595

and

amount to be investment in risky portfolio = $1000 × 0.405

amount to be investment in risky portfolio =  $405

and

amount invest in security x = $405 × 60%

amount invest in security x = $243

and

amount invested in security Y = $405 × 60%

amount invested in security Y = $162

4 0
3 years ago
Which of the following would NOT affect your FICO score?
Elodia [21]
D) Which is Defaulting on a loan!
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2 years ago
If you try not to spend more than _______ minutes with each new contact, you can network easily and successfully through a large
Lady_Fox [76]

30bminutes successfully through a huge crowd


7 0
2 years ago
Read 2 more answers
How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by elimi
kupik [55]

Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.

<h3>Why are trade agreements important?</h3>

Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.

Thus Option C is correct about the trade agreement.

For more information about the Trade agreement refer to the link:

brainly.com/question/1550074

7 0
2 years ago
Custer County is considering raising revenues by imposing a $25 fee on couples who obtain a marriage license within the county.
Andreas93 [3]

Answer:

The payment serves as a fee for the service rendered by government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under law.

Explanation:

The payment serves as a fee for the service rendered by the government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under the law.

8 0
3 years ago
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