Reinsurance can be used to provide protection against catastrophic loss.
a. true
b. false
Ans: a. true
Business
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Companies that are responsible and concerned about local residents should lead by doing what's appropriate and then communicate what they did — not the other way around
Indicate whether the statement is true or false
Business
DMC3 Inc. will pay no dividend for 2016 or 2017. At the end of 2018, it will pay a dividend of $1.50
Thereafter dividends will grow at 4% per year. The required rate of return is 10%. The intrinsic value of DMC3 shares is (assume you are at the beginning of 2016) A) $34.61. B) $26.00 C) $24.91. D) $20.66.
Business