Using option strategy concepts, what is the value of an insured home, if the value of the uninsured home is $220,000, the house was purchased for $180,000 and the house has a casualty policy costing $500 with a $2,000 deductible?

Ignore interest costs.
A) $180,000
B) $217,500
C) $220,000
D) $222,500

B

Business

You might also like to view...

Rene is writing a report on the company's IT staff and its response time to submitted trouble tickets. He makes an appointment to observe the IT staff and collect data for his report. He decides to observe the group once for 90 minutes to collect his data. What would make his observation time more effective?

Conducting multiple 60-minute observations at different times Conducting a single 3-hour observation Conducting a single 30-minute observation

Business

Component lifestyles decrease the complexity of consumers' buying habits

Indicate whether the statement is true or false a. True b. False

Business