The option that will be best in this scenario would be a <span>Parallel test.
In a parallel test, same input will be entered in two different version of simulation. By doing this, we could create multiple simulations to test several possibilities and reducing the total time needed at the same time. The downside is that this test exposes the tester to a high risk of making a mistake.</span>
Answer:
D) $571.24
Explanation:
Royce' premiums for the previous year were:
- bodily injury $22.50
- property damage $144.75
- collision $275.75
- comprehensive $100
The total premium of the policy was $543
Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24
Answer:
The appropriate answer is "13.82%".
Explanation:
Given:
Risk free rate,
Beta of stock,

Market rate,
= 
Now,
The market risk premium will be:
⇒
= 
= 
=
(%)
hence,
The cost of equity will be:
⇒ 


(%)