Which of the following statements about the business income coverage form is true?
A) Business income is defined as gross earnings before taxes.
B) Payroll is excluded unless it is specifically added.
C) The form covers loss of business income and extra expenses incurred during restoration.
D) The form can be used by a manufacturing operation only.
Answer: C
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Consider the bond market to be in equilibrium according to our complete theory of the term structure of interest rates. The current interest rate on one-year bonds is 2 percent, and you believe, as does everyone in the market, that in one year the interest rate on one-year bonds will be 3 percent, and in two years, the interest rate on one-year bonds will be 4 percent. That is, using our standard notation,
= 2%, 
= 3%, and 
= 4%.Assume that there is no term premium on a one-year bond.
a.According to the expectations theory of the term structure of interest rates, what will the interest rate be today on a two-year bond and a three-year bond??
Suppose the term premium equals 0.75 percent × the number of years to maturity, for the 2-year bond and the 3-year bond.
?
b.Calculate the interest rate today on the two-year bond and the three-year bond, incorporating the term premium. c.Draw the yield curve for today, using the values you calculated in part b. Your drawing should show three points and should be drawn reasonably to scale, showing the values on each axis of each point plotted. Explain briefly (in one or two sentences) why the yield curve has the shape it does.
What will be an ideal response?
What are clusters?
What will be an ideal response?
Res ipsa loquitor is a tort in which the violation of a statute or an ordinance constitutes the breach of the duty of care
Indicate whether the statement is true or false
Betty decided to open up a tea shop in the center of town right near a fitness center. She wanted to know which brand of tea would be most popular among health-conscious individuals. She had two of her staff members stand outside the shop and invite everyone exiting the fitness center for a free cup of tea of their choosing. This customer group is known as a
A. demographic. B. focus group. C. sample. D. target market. E. potential customer.