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Author Question: Which of the following statements about the appraisal clause in the Homeowners 3 policy is (are) ... (Read 71 times)

ARLKQ

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Which of the following statements about the appraisal clause in the Homeowners 3 policy is (are) true?
 
  I. It is used to determine a value for personal property when the policy is issued.
  II. It is used to help settle disputes over the amount of a loss after a loss has occurred.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

You are going to invest all of your funds in one of three projects with the following distribution of
  possible returns:
 
  PROJECT 1 PROJECT 2
  Probability Return
  Standard
  Deviation Beta Probability Return
  Standard
  Deviation Beta
  50 Chance 22 12 1.1 30 Chance 36 19.5 1.0
  50 Chance -4 40 Chance 10.5
  30 Chance -20
  PROJECT 3
  Probability Return
  Standard
  Deviation Beta
  10 Chance 28 12 1.2
  70 Chance 18
  20 Chance -8
  If you are a risk averse investor, which one should you choose?
  A) Project 1
  B) Project 2
  C) Project 3
  D) Either Project 1 or Project 2 because they have the same expected return


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ebonylittles

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ARLKQ

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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