Answer:
An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
Explanation:
Which one of the following is true for Harry?
Select one
A. An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
B. Harry understands his policy is modular one, combining various coverage forms and other documents especially tailored to his needs.
C. Harry can rest assured that if his new car is a total loss, he can expect to make a profit while being restored to his pre-loss financial position
D. As the policy is a contract of utmost good faith, both his insurer and his agent are the parties expected to be ethical in their dealings with one another.
Answer:
$2,000
Explanation:
Calculation to determine What amount would the company report for operating cash flows in the statement of cash flows
Using this formula
Operating cash flows=Services to customers for cash-Employees' salaries -Utilities
Let plug in the formula
Operating cash flows= $4,500 − $1,500 − $1,000 Operating cash flows=$2,000
Therefore The Amount that the company would report for operating cash flows in the statement of cash flows is $2,000
Answer:
The current yield is 6.37255%
Explanation:
In order to calculate the current yield we would have to make the following calculation:
Current yield=coupon bonds percentage*100/percentage amount of sale
According to the given data w have the following:
coupon bonds percentage=6.5 percent coupon bonds on the market
percentage amount of sale=currently sell for 102 percent of par
Therefore, Current yield=6.5%*100/102
Current yield=6.37255%
The current yield is 6.37255%
Answer:
The price of a one-year European put option on the stock with a strike price of $50 is $2.09
Explanation:
As, the call and the put option is of the same asset class, we apply call-put parity to find the price of the European put option.
The call-put parity function is:
C + PV(x) = P + S; in which:
C: Price of the call option = $6;
PV(x) : present value of strike price = Strike price in one year / e^6% = 50/e^6% = $47.09
P: price of the put option
S: spot price of the asset = $51
=> P = C + PV(x) - S = 6 + 47.09 - 51 = $2.09.
It's because they <span>showed reckless disregard for Hill City’s residents and others
the company fully known that worker's concentration tend to decrease after woring for a certain hours.
By knowingly allow this to happen, Fleet trucking company is directly involved for the spilled chemicals accident and should take all responsibilities for it.
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