What nominal return was received by an investor when inflation averaged 8.90% and the real rate of return was a negative 3.10%?

Princeton Avionics makes aircraft instrumentation

Its basic navigation radio requires $90 in variable costs and $3,000 per month in fixed costs. Princeton sells 20 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $30 per unit of variable costs, plus an increase in fixed costs of $400 per month. The current sales price of the radio is $270. The CEO wishes to improve operating income by $1,100 per month by selling the enhanced version of the radio. In order to meet this target, the sales price to be charged for the enhanced product is ________. A) $300 per unit B) $375 per unit C) $105 per unit D) $390 per unit

Which of the following is true about "open peril" coverage?

a. It provides coverage for all perils, unless that peril is specifically excluded. b. It provides coverage for scheduled risks. c. It provides coverage for the named perils. d. It does not exclude any perils from coverage.