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Author Question: Another name for an asset's expected rate of return is holding-period return. Indicate whether ... (Read 90 times)

ec501234

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Another name for an asset's expected rate of return is holding-period return.
 
  Indicate whether the statement is true or false

Question 2

John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50.
 
  John also has a PAP, and his liability limits 250/500/50. John had an accident while using Sophie's car and was found to be legally liable for 300,000 in bodily injury liability for injuries suffered by one person. How much will be paid by each policy?
  A) Sophie's policy will pay 150,000, John's policy will pay 150,000.
  B) Sophie's policy will pay 50,000, John's policy will pay 250,000.
  C) Sophie's policy will pay 100,000, John's policy will pay 200,000.
  D) John's policy will pay the entire amount.


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tanna.moeller

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ec501234

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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