Suppose that an insurance company views Jennifer as having the
following distribution for the present value of losses:
Loss = $5,000 with probability .10
$2,000 with probability .20
$1,000 with probab

Answers

Answer 1

The fair premium for full coverage if the insurer’s competitive loading for administrative costs and capital costs is 10% of expected discounted claims is $1,540. Therefore, the correct option is B.

Expected Discounted Claims= Loss1*P1 + Loss2*P2 + Loss3*P3 + Loss4*P4

Where, Loss1= $5,000 with probability 0.10=$500

Loss2 = $2,000 with probability 0.20=$400

Loss3= $1,000 with probability 0.50=$500

Loss4= $0 with probability 0.20=$0

So,

Expected Discounted Claims = $500 + $400 + $500 + $0 = $1,400

Competitive loading for administrative costs and capital costs= 10% of Expected Discounted Claims= 10% of $1,400= $140

So, Fair premium for full coverage = Expected Discounted Claims + Competitive loading for administrative costs and capital costs= $1,400+$140= $1,540

Therefore, option B is correct.

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Related Questions

How has private enterprise strengthened the united states economy?

Answers

Answer:

to generate prosperity and produce goods and services that meet people's needs and improve their lives.

Explanation:

Because businesses cannot outgrow the economy of their communities

Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.

Answers

Answer:

This is true

Explanation:

With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.


A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________

Answers

Answer: Risk assessment

Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk.  This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.

To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.

Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?

Answers

Answer:

hiii...myself tanvi new on brainly...can get some help from you plz....to know the people

If the U.S. dollar is strong, foreign imports are
A. weak
ОО
B. more expensive
C. strong
D. less expensive

Answers

D. Less expensive…………….

Describe the information you will need to provide in order to complete a FAFSA. List at least three of the required documents you must include.

Answers

Answer:

Sample response: To complete a FAFSA, I must first include information to verify my identity. This includes my Social Security number or a driver's license. I must include information about my income or my family's income (if they are still responsible for my care). Finally, I must submit financial information, like my account statements.

Explanation:

2020 edg

how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation ​

Answers

Answer:

13/250.5252%

Explanation:

13:25 is just a fraction (13/25)

13:25= 0.52 (decimal)

So when you divide 13 by 25, you get  0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%

Paul owns a photography studio, and he has applied for a loan to
purchase a larger space so he can show his, and other local photographers’, work.
As part of the loan process, the bank reviews Paul’s credit history, which reveals that
Paul’s studio has been in operation for six months, Paul has an active loan on some
photography equipment for $8,000, Paul has a credit score of 650, and the studio
turns a decent profit. Given all this information, Paul’s loan is denied.

Determine which item from Paul’s credit history caused the denial.

Answers

Answer:

A credit score of 650 is slightly below average for the populace, coupled with the fact that the studio has been in operation for a short period of time and he has an outstanding loan of $8,000, is the reason he was rejected. It was the outstanding loan.

Explanation:

differentiate moist heat method from dry heat method

Answers

Moist heat and dry heat are two methods of sterilization that are used to kill microorganisms.

The main differences between the two methods are as follows:

Temperature: Moist heat sterilization requires a higher temperature than dry heat sterilization. Moist heat sterilization is typically performed at temperatures between 121°C and 134°C (250°F to 275°F), while dry heat sterilization is typically performed at temperatures between 120°C and 140°C (250°F to 284°F).

Method: Moist heat sterilization involves using steam to sterilize instruments and other materials, while dry heat sterilization involves using heat in the form of hot air to sterilize items.

Time: Moist heat sterilization typically requires a shorter time than dry heat sterilization. Moist heat sterilization can be completed in as little as 30 minutes, while dry heat sterilization can take several hours.

Effectiveness: Both moist heat and dry heat sterilization are effective at killing microorganisms, but moist heat sterilization is generally considered to be more effective at killing spores and other heat-resistant organisms.

Overall, the choice between moist heat and dry heat sterilization will depend on the specific needs of the materials being sterilized and the equipment available.  

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A producer is someone who _____________. A. Makes a commodity available for sale or exchange B. Buys or trades in order to receive a commodity C. Is in the market for a commodity D. Receives a commodity from a business

Answers

Answer:

The correct answer is C because the producer creates products so they can sell it to other countries or places.

Explanation:

Answer:

A Makes a commodity available for sale or exchange

Explanation:

correct on edge

A jacket costs $50, and the markup is $49.99. What
is its retail price?

Answers

I say 99.99 because the if you think in your head and you skip count and and think of the answer you and you also have to do all the math

The retail price of the jacket is $99.99.

What is retail price?

The retail price can be defined as the final price that a good is sold to customers for, those being the end users or consumers and this means that those customers do not buy the product to re-sell it but to consume it. Retail price is not similar to the manufacturer price and distributor price, which are prices set from one seller to another through the supply chain. In competitive, free markets, the final seller or retailer sets the retail price considering costs as well as supply and demand conditions.

When setting the price, the retailer will try to obtain an appropriate profit margin but at the same time to show an attractive price in comparison to competitors. The manufacturer can recommend a retail price in order to have some influence in the decision and thus to guarantee a price aligned to the marketing strategy.

A retail price is the cost paid for a good at retail stores.

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A Bank with the following capital levels: common equity of 47,000, Tier 1 of 38,000, Tier 2 of 17,000. If total assets are 850,000 and risk adjusted assets are 650,000, the capital classification of the bank is

Answers

The capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio.

To determine the capital classification of the bank, we need to compare its capital levels to the risk-adjusted assets. The capital classification is typically based on regulatory requirements and ratios set by the relevant financial authorities.

One common capital adequacy ratio used for classification is the Tier 1 capital ratio.

The Tier 1 capital ratio is calculated by dividing Tier 1 capital (including common equity) by risk-adjusted assets. Let's calculate the Tier 1 capital ratio:

Tier 1 capital ratio = (Tier 1 capital / Risk-adjusted assets) * 100

In this case:

Tier 1 capital = 38,000

Risk-adjusted assets = 650,000

Tier 1 capital ratio = (38,000 / 650,000) * 100

= 5.846%

Now, let's determine the capital classification based on the Tier 1 capital ratio:

Well-Capitalized: Tier 1 capital ratio ≥ 6%

Since the calculated Tier 1 capital ratio is 5.846%, it does not meet the well-capitalized threshold.

Adequately Capitalized: Tier 1 capital ratio ≥ 4%

The calculated Tier 1 capital ratio is above the adequately capitalized threshold, which is 4%.

Undercapitalized: Tier 1 capital ratio < 4%

Since the calculated Tier 1 capital ratio is above 4%, the bank is not classified as undercapitalized.

Therefore, based on the given information, the capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio exceeds the minimum regulatory requirement of 4%.

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the idea that firms will get the most for their money when they pay wages higher than the equilibrium wage is called: responses optimal-wage theory. optimal-wage theory. efficiency-wage theory. efficiency-wage theory. the insider-outsider model. the insider-outsider model. equilibrium-wage theory

Answers

Efficiency-wage theory is that the idea that firms will get the most for their money when they pay wages higher than the equilibrium wage .

Efficiency wages are a level of pay given to employees over the minimum wage in labour economics in order to keep a competent and productive workforce. According to the efficiency wage hypothesis, an employer must offer employees a wage that is comparable with the market in order to keep highly trained individuals and provide them with an incentive to be productive. The "efficiency wage" theory contends that wages, at least in some labour markets, do not develop in a manner consistent with market clearing. According to the efficiency wage principle, it is legitimately "fair pay" to pay your employees more than the market rate for their position. The efficiency wage hypothesis contends that these higher rates promote overall productivity and long-term profitability for the company, which helps to explain why businesses appear to overpay for employees.

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Business rules can inhibit process improvements when they are tied to __________ technology.

Answers

Business rules are the guidelines and principles that organizations establish to regulate and manage their operations. They provide a framework for decision-making and help organizations achieve their objectives.

Business rules are often linked to particular software or hardware systems that are used to implement them. For example, an organization may have a rule that all customer orders must be processed within 24 hours of receipt.

While this approach may work well in the short term, it can limit process improvements in the long run. When business rules are tied to specific technologies, it can be difficult to change them without also changing the underlying technology.

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what happened to marks and spencer and asos with child labor

Answers

As of my knowledge cutoff in September 2021, I do not have specific information about any incidents involving child labor specifically related to Marks and Spencer or ASOS.

It's important to note that the business practices and situations of companies can change over time, and it's always a good idea to stay updated with the latest news and reports regarding their operations.

Child labor is a serious issue that many companies are actively working to address and eradicate from their supply chains. Many large retailers and fashion brands have implemented strict policies and supplier guidelines to ensure ethical sourcing and prevent child labor. They often conduct audits and work with third-party organizations to monitor their supply chains and ensure compliance with labor standards.

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A 6. 75% coupon bond with 13 years to maturity can be called in 2 years. The call premium is one year of coupon payments. It is offered for sale at $929. 75. What is the yield to call of the bond? interest payments are annual and par value is $1,000.

Answers

The yield to call of the bond at 6.75% is of 3.26% at call value of $929.

What is yield to call ?

Yield to call (YTC) is a term used in finance to describe the return a bondholder will earn if they stay onto the bond until the call date, which happens before it matures. The compound interest rate at which the present value of a bond's future coupon payments and call price equals the bond's current market price may be used to compute this figure.

Callable bonds, a type of financial instrument that enables bond holders to redeem their bonds at a price known as the call price on a date known as the call date, or the bond issuer to repurchase the bonds, are subject to yield to call. By definition, a bond's call date comes before its maturity date in time.

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Hello guys I'm Filipino ​

Answers

Answer: Nice, today is my birthday :D

Explanation:

I’m mexican :)

Answer:

hlo iam a proud nepali

you filipino

Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank______ marketing

Answers

Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank vendor marketing.

Opting for marketing merchandisers is an important part of marketing because many companies have the coffers to complete every design in-house. For illustration, you may need a  seller's moxie and coffers too.

Write, design or produce deals literature, advertisements or other creative accouterments.   A company or an existent that sells a good or service is a  seller. Marketing Merchandisers may vend to other businesses, or they may be retailers who vend straight to consumers. An illustration of a  seller is a company that provides force for exchange apparel stores.

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Anderson windows and doors imports wood from Canada. What would happen to the supply curve of Anderson if the value of the U.S. dollar rises against the Canadian dollar?The supply curve will shift to the left.The supply curve will shift to the right.The quantity supplied will rise.There will be no effect on the supply.

Answers

The supply curve will shift to the left happen to the supply curve of Anderson if the value of the U.S. dollar rises against the Canadian dollar. The supply curve moves to the right when demand is stable and supply is growing, forming a point where quantity and prices are lower. The answer is OPTION A.

On the other hand, a decrease in supply shifts the curve to the left, increasing prices and decreasing quantity. A supply curve is a graph that shows the volume supplied at each demand price. The supply curve is sometimes called a supply schedule because it is a graphical representation of the supply schedule. The relationship between a product's price and the quantity supplied is shown by the supply curve.

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Money market is essentially a market for short term funds. Discuss

Answers

Answer:

ok so a money market is like say you want to start a business, you have to invest in your business to start getting money back  

Explanation:

so say Sarah wanted to start a bracelet business she has to buy the things for it and buy flyers and things to start earning customers to get money back :)

hope this helps I'm only in 10th grade so this was hard to explain

of the following influence tactics, which would be most effective for malcolm to get his team members to work on the task?

Answers

Leaders can use influence tactics to change the attitudes, values, or actions of their employees. The actual strategies that leaders employ vary based on the circumstances and desired outcomes.

To influence their superiors and subordinates, middle management leaders, for instance, employ a variety of strategies.

What are the nine methods of influence?

Legitimacy, rational persuasion, inspirational appeals, consultation, exchange, personal appeals, ingratiation, pressure, and coalitions are the nine methods of influence.

What are the four methods of influence?

A deeper look at these attempts at influence revealed that, despite their effectiveness, the most common methods of influence were pressure, exchange, coalition, and weak rational.

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Question 1 of 10
To use an outline for writing a formal business document, what should you do
after entering your bottom-line statement?
A. Enter each major point from the outline on a separate line.
B. Move the bottom-line statement to the end of the document.
C. Write a topic sentence for every detail.
D. Enter each supporting detail from the outline on a separate line.
SUBMIT

Answers

A. You don’t want to put long sentences. You want to get straight to the point so they understand and read everything!

Concentrated ownership is when there are very few shareholders so that each one gets a. Share of the profits

Answers

Answer:

yes it was correct but i was in shields and i’m going on the right now so it is a

Explanation:

Infill Land Development Company is in financial difficulty. The company has an 18 -acre parcel of land approved for development with a current up to date independent appraised value of $3,630,000. The 18 acres of land originally cost Infill Development $1,450,000. Infill has a loan outstanding with the Bank of Walnut Grove in the amount of $3,415,000. On July 1, 2020, the board of directors of the bank agreed to accept the land currently valued at $3,630,000 in full settlement of the $3,415,000 loan. Instruction Prepare the journal entries required for both the Bank of Walnut Grove and the Infill Development to record the settlement of the outstanding loan.

Answers

A journal entry acts as a record of a commercial transaction in your company's books. In double-entry accounting, each transaction necessitates at least two journal entries.

What is journal entry?

Journal entries in an accounting book serve as a record of financial activities for an organization. A completely documented journal entry includes an exact date, the amounts to be debited and credited, an explanation of the event, and a unique reference number.

Every business transaction is recorded in the Journal, sometimes referred to as the Journal of Primary Entry. The contents of these simple journal entries are then transferred to the different books of accounts.

Infill development settled loan aginst sale of land value of $3,630,000.        

Infill development earned profiit of $1,450,000 on settlement of $3,415,000 loan against land value of $3,630,000.

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Weekly activity reports by an agent to a client should include:_______.

Answers

Answer:

- Number of enquiries

- Number of product displays

- Advertising done within the week

- Open houses available

- Number of open house visitors

- Comments made by other agents and potential buyers

Explanation:

Weekly activity reports are given to clients to show weekly progress on a job activity.

It ensures that there is no failure in objectives that will affect the monthly activity.

When it is identified that activities for the week are deviating from set goals and objectives, it is easy to correct the error so as to minimise the effect on monthly performance.

how can social trends affect a pharmacy business?

Answers

Answer: Social trends can help businesses grow if business owners will allow it to.

Explanation:

NEED THIS SUPER FAST! ASAP!!!

Research and write about a psychologist from the twentieth century who has had a major impact on the field of psychology. Briefly discuss the contributions of the psychologist.

At least two to 3 paragraphs please, i need this today for my final grade

Answers

Answer:

     William James an American philosopher and psychologist. James was born into a wealthy family which lived in New York at the time of his birth. In 1861 James began his scientific studies at the Lawrence Scientific School of Harvard College. He then, in 1864, took up medical studies at Harvard Medical School. James finally earned his MD degree in June of 1869 but he never practiced medicine.

    William James gained widespread recognition with his monumental "The Principles of Psychology," which was published in 1890. James held a in line with pragmatism, and declared that the value of any truth was utterly dependent upon its use to the person in which had held it. In his search for truth and assorted states of psychology, William James developed his two-stage model of free will. In this model, James tries to explain how it is people come to the creation of a decision and what factors are involved with it it.

Explanation:

Why does the author introduce the text using a series of rhetorical questions?

A
to convince the reader that the majority of government power should be placed in the hands of the citizens, not the states that represent them

B
to inform the reader that the individual states need to maintain the bulk of power, instead of the federal government or the local communities in the state

C
to convince the reader that the majority of government power should be placed in the federal government because the states have too much infighting

D
to inform the reader that many of the individual states of the union are dissatisfied with the outcome of the conflict, and each of them are vying for power

Answers

Answer:

the answer is A. because we the citizen of a country vote them into power

Margarita recently started working as a temp for Lucid Systems Technology. On her first day, Shari, her team leader goes over the details of how to use the accounting softw and how to file a report on hei Work at the end of each day By the end of the first week, Margarita is confident and able to do her work without asking Shari for guidance, but Shari still checks in periodically to give her encouragement and suggestions. By the end of the week, Shari is demonstrating which stage in the life cycle theory of leadership? A. R1, telling B. R1, selling C. R3, selling D. R4, delegating E. R3. parte oathg

Answers

Answer:

E.

R3. participating

Which statement indicates the impact of globalization on the African farming community?

Answers

The statement that indicates the impact of the Globalization on the African farming community is use of modern methods of farming increased the crop production of the people.

What is Globalization?

Globalization is a term which refers to the interconnection and interaction of the economy with that of the world's economy. It involves the exchange of the knowledge, trade, technology and even people.

The complete image of the question is attached below.

The African farmers faced many challenges but still they are graced with a very appropriate soil type, which has been aided by modern irrigation practices, fertilizers.

Many of the international aggro-processing company that set up factory near the village in the hopes of obtaining easy and cheap labor. As a result of these factors, people's crop production has increased dramatically.

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Which statement indicates the impact of globalization on the African farming community?
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