1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tensa zangetsu [6.8K]
4 years ago
14

The annual premium for a ​$15 comma 000 insurance policy against the theft of a painting is ​$300. If the​ (empirical) probabili

ty that the painting will be stolen during the year is 0. 01​, what is your expected return from the insurance company if you take out this​ insurance?
Business
1 answer:
Korvikt [17]4 years ago
8 0

Answer:

-$150

Explanation:

The computation of the expected return from the insurance company is shown below:

= Annual premium × probability of the stolen painting - 1 × theft of painting

= $15,000 × 0.01 - 1 × $300

= $150 - $300

= -$150

By multiplying annual premium with the probability of the stolen painting  and then substracted theft of painting so that we can get to know the expected return and the same is to be considered

You might be interested in
Suppose interest rates increase in the United States. We expect capital _____ to the United States and the U.S. Dollar price of
Ede4ka [16]

Falls shapely -  the damand for pounds: Suppose interest rates fall shapely in the United States but are unchanged in Great Britain. Other things equal, under a system of freely floating exchange rates we can expect the damand for pounds in the United states to ncrease rates falls shapely in the United States but are unchanged decrease, the supply of pounds to increase, and the dollar to appreciate relative to the pound.

3 0
3 years ago
7. Kraft Company expects to give a dividend of $2 next year. Dvidend increases by 4 per cent require a 12% return. What will be
Nat2105 [25]

Answer:

$28.125

Explanation:

Dividend D1= $2

(Dividend is given at the end of 1 year)

Growth g= 4% or 0.04

Required Return r = 12% or 0.12

Step1- Share price of company A today

As per Dividend Growth Model

Share price =Expected dividend/(required return - growth rate)

S0 = Do(1+g) / (r-g)

S0 = D1/(r-g)

S0 = 2/(0.12-0.04)

S0 = $25

Therefore share price of company A today for given details will be $25

Step2 - Expected dividend at the end of 3 years

D4=D0(1+g)^4

( as we already have D1 which is one time growth multiplied, therefore to find dividend at the end of 3rd year we will multiply 1 Less growth multiplier to D1)

D4= D1(1+g)^3

D4 = 2(1+0.04)^3

D4 = $2.25

Step3 - Share price of company A in 3 year

Share price =Expected dividend/(required return - growth rate)

S3 = D4/(r-g)

S3 = 2.25/(0.12-0.04)

S3 = $28.125

Therefore share price of company A in 3 years for given details will be $28.125

7 0
3 years ago
Nathaniel is delivering a presentation when an audience member asks a question. Nathaniel answers her question and then says, “W
nordsb [41]
D. Because he is listening to her fully and making sure he fully understands what she is asking
4 0
2 years ago
Charlotte needs to raise money for a charity benefit she is attending. At lunch, she asks her friend, Samantha, to attend the be
mrs_skeptik [129]

Answer: Foot in the door

Explanation:

A. In  Ingratiation one tries to influence the respondent by using flattery or compliments etc.

B. In  Door-in-the-Face technique the influencer first make a big request followed by a small one that the respondent will most likely accept.

C. In need satisfaction the influencer first try to understand the needs of the respondent and then make his move as per the observations made.

D. In foot in the door first a small request is made which the respondent will most likely accept and then the crucial request is presented before the respondent.

E. In Adaptive Selling the technique of changing behavior is used as per the changing requirements.

Hence, from the above we can conclude that Charlotte used foot in the door.

5 0
3 years ago
I need help on needs and wants ​
notka56 [123]

Answer:

well a needs is like food and water and a want is like a ps4 or a xbox 1 and stuff that wont help you survive but you want it

5 0
4 years ago
Read 2 more answers
Other questions:
  • Warren corporation purchased a truck at a cost of $60,000. It has an estimated useful life of five years and estimated residual
    11·1 answer
  • Eurodollars are _________. A. dollar denominated deposits at any foreign bank or foreign branch of an American bank B. dollar de
    5·1 answer
  • All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employ
    9·2 answers
  • Assuming Net Income for the year is $250,000, what is the net operating cash flows given the following information:
    6·1 answer
  • RE: Planned Obsolescence, Perceived Obsolescence "The consumer feels a need to purchase new products and services when their pro
    15·1 answer
  • Preparing a Direct Labor Budget Tulum Inc. makes a Mexican chocolate mix. Planned production in units for the first 3 months of
    12·2 answers
  • 02.01 LC)
    7·1 answer
  • How can you determine an independent contractor?
    10·2 answers
  • A manufacturer of electronics for environmentally conscious buyers has recently launched an online crowdsourcing campaign that i
    6·1 answer
  • Fast tracking is an example of a tool used in _____ management. group of answer choices
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!