This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The co-insurance provision on homeowners' policies A) is meant to eliminate homeowners claims ... (Read 98 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jul 11, 2018
The co-insurance provision on homeowners' policies
 
  A)
 
  is meant to eliminate homeowners claims for small losses.
  B)
 
  means that the homeowner will receive less than 100 reimbursement on all losses.
  C)
 
  implies that more than one insurance company may be responsible for the losses.
  D)
 
  provides an incentive for homeowners to insure their homes for 100 of replacement cost.

Question 2

Johnson Signs Inc has been able to increase dividends at the rate of 2 per year since the company first started paying dividends in 1957.
 
  Johnson has developed a new production technique and can sell their signs at a premium price for the next three years. This immediate revenue boost will allow Johnson to increase dividends at a rate of 12 per year next year, then 10 the following year, and 8 the next year. After that, they intend to revert to their previous slow but steady increase in annual dividends. If current dividends are 2.45 per share and Johnson investors require an annual rate of return of 11, WHAT IS THE CURRENT PRICE PER SHARE FOR THE COMPANY'S STOCK?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tuate

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

D0 = 2.45
D1 = 2.74, PV D1 = 2.47
D2 = 3.02 PV D2 = 2.45
D3 = 3.26 PV D3 = 2.38
D4 = 3.33
P3 = 36.95 PV P3 = 27.01
Current Price = 34.32


Shelles

  • Member
  • Posts: 582
Reply 2 on: Jul 11, 2018
Wow, this really help

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
Policies on fertility and population growth Policies on fertility and population growth
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Better land and water management and appropriate crop selection can help eliminate hunger Better land and water management and appropriate crop selection can help eliminate hunger
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library