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3 years ago

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Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance?

2 answers:

vfiekz [6]3 years ago

8 0

I'm pretty sure it B I'm not sure though... hope this helps

Slav-nsk [51]3 years ago

8 0

Hello there,

Statement:Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance?

Answer: C. A tree branch breaks your bedroom window during a storm.

Explanation: A renters insurance consists of all the things that the renter owns but the owners insurance consists of all the damage that is done to the house itself and not the possessions. In this case, the tree destroys the window that is part of the house and not the renters possession, therefore its will come under the home owners insurance.

Thanks for asking

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Calculate the yield to maturity (YTM) for a one-year bond with a purchase price of $8,000, a face value of $10,000, and a curren

Mazyrski [523]

Answer:

yield to maturity YTM = 35%

Explanation:

given data

purchase price = $8,000

face value = $10,000

current yield = 10%

solution

we get here yield to maturity YTM

so first we get Annual Coupon by current yield that is express as

Current yield = annual coupon ÷ current price ..............1

put here value we get

Annual Coupon = 10 % × 8,000

Annual Coupon = $800

now we get YTM by purchase price that is

purchase price = Annual Coupon ÷ ( 1+YTM ) + face value ÷ ( 1+YTM ) .......2

put here value we get

8,000 = $\frac{800}{1+YTM} +\frac{10000}{1+YTM}$

solve it we get

yield to maturity YTM = 35%

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3 years ago

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tia_tia [17]

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2 years ago

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