In today's digital, mobile, and social media environments, many buyers are more receptive to — or even prefer — phone and online contact versus the high level of face-to-face contact once required
Indicate whether the statement is true or false
TRUE
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All of the following are methods that a property and liability insurance company can use to protect against catastrophic losses EXCEPT
A) sale of catastrophe bonds. B) purchase of common stock. C) purchase of excess-of-loss reinsurance. D) quota share reinsurance with a low retention percentage.
Investors expect to receive the highest returns from government-issued securities because the
government will not default on securities that it has issued. Indicate whether the statement is true or false
First describe a potential business you would like to start. Then describe three ways a business plan could help you be more successful
What will be an ideal response?
Firm A is planning on merging with Firm B. Firm A will pay Firm B's stockholders the current value of their stock plus $120, which equals one-half of the synergy, in shares of Firm A. Firm A currently has 4,000 shares of stock outstanding at a market price of $21 a share. Firm B has 1,200 shares outstanding at a price of $10 a share. What is the value of the merged firm?
A) $88,120 B) $96,240 C) $96,000 D) $84,120 E) $92,360