R.E. Generates over ____ of U.S. gross domestic product (GDP). Housing alone accounts for almost 20%.
Fill in the blank(s) with the appropriate word(s).
Ans: 28%
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Of the four coverages provided under Section I of the Homeowners policy, which one provides coverage against an indirect loss?
A) Coverage A-Dwelling B) Coverage B-Other Structures C) Coverage C-Personal Property D) Coverage D-Loss of Use
In which of the following circumstances would it be most appropriate to use the holding period return?
A) to compare the capital gains on a house held for 8 years and a mutual fund held for 6 years B) to compare the calendar year performance of stocks purchased in March to stocks purchased in September C) to compare the dividend yield of stocks to the interest rate on bonds D) to compare the performance of several stocks, each of which was held throughout an entire year