« previous next »

Author Question: John purchased an unendorsed Homeowners 3 policy. The coverage will expire next month. Which of the ... (Read 28 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jul 11, 2018
John purchased an unendorsed Homeowners 3 policy. The coverage will expire next month. Which of the following changes will lower the premium that John will pay?
 
  A) reducing the deductible
  B) adding a replacement cost endorsement for personal property
  C) switching to an HO-2 policy
  D) adding a personal injury endorsement

Question 2

The value of a bond investment, which provides fixed interest payments, will increase when
  discounted at an 8 rate rather than at an 11 rate.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


cegalasso

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

John Richardson John Richardson
Young Bill Clinton (left) shakes hands with President John F. Kennedy. “The torch has been passed ... Young Bill Clinton (left) shakes hands with President John F. Kennedy. “The torch has been passed ...
Nicolas Poussin, Landscape with St. John on Patmos. Nicolas Poussin, Landscape with St. John on Patmos.
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
7-month-old Leslie —an example of cross-modal transfer 7-month-old Leslie —an example of cross-modal transfer
Types of policy Types of policy
Video: Phases of mitosis

For a complete list of videos, visit our video library