How much can he recover from insurance company, Finance Basics

+44 141 628 6080
[email protected]

How much can he recover from insurance company

Question: Thomas's house is insured for $251000, and he has been paying premiums for the past 10 years. Thomas's home was wiped out in a hurricane. The face value of the policy is $251000, the remaining mortgage is $125000, and the appraised value is $211000. How much can he recover from his insurance company for the loss? Select answer from the options below $125000 $86000 $211000 $251000

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How much can he recover from insurance company

Reference No:- TGS03419584

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : How much is the par value of this bond

A 10-year corporate bond has a coupon rate of 6% with semi-annual payments. How much is the par value of this bond?

Q : State if sunny should pursue this new investment opportunity

Required: State if Sunny should pursue this new investment opportunity based on WACC and APV. Is APV or NPV best used in this situation?

Q : Compute the bonds prices

for the three different coupons, compute the bonds' prices, and make a plot with yields on the x-axis and bond prices on the y-axis.

Q : What is financial statement analysis

What is financial statement analysis? How are financial ratios used to analyze financial statements?

Q : How much can he recover from insurance company

How much can he recover from his insurance company for the loss? Select answer from the options below $125000 $86000 $211000 $251000

Q : What is the fundamental value of the bond

Suppose the annual yield to maturity on a 1 year zero coupon bond is 2 %, a 2 year zero coupon bond is 3 %, and a 3 year zero coupon bond is 4 %.

Q : What asset substitution problem refers to

Question: The asset substitution problem refers to the situation where a company Question Select one:

Q : What is the present value of an investment

What is the present value of an investment that pays you $25.41 per month if the first payment is today and the last payment is in 6 months

Q : What is the total australian dollar cash flow for year-three

What is the total Australian dollar (A$) cash flow for year-three? (Enter the whole number with no sign or symbol)

1931448

Questions
Asked

3,689

Active Tutors

1420255

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Explain ropkes thought

In depth, Explain Ropke's thought, and evaluate it including the readings from earlier in the course. Compare and contrast his ideals.

Can religion offer a good answer to the question

Question: Can religion offer a good answer to the question of the meaning of life?

How everyones life is deemed valuable to god

Because everyone's life is deemed valuable to God, the choice of suicide or euthanasia contradicts this and is therefore considered sin

How does the image of women in the afterlife change

Question: How does the image of women in the afterlife change between the Meccan and Madinan periods of revelation?

How does that characters story relate to a personal struggle

How does that character's story relate to a personal struggle with a particular type of problem.

Application of your passage following ibs principles

After you complete the evaluation, now is the time for the application of your passage following IBS principles.

Illustrate what corduan says about witnessing to buddhists

Q1. How does Hwanja Lee's story in the video illustrate what Corduan says about witnessing to Buddhists?