Finance misc problems | Business & Finance homework help

1.Assume that Mary Boyle had a homeowner’s insurance policy with $150,000 of coverage on the dwelling. Would a 90 percent co-insurance clause be better than an 80 percent clause in such a policy? Give reasons to support your answer.

3.Fred and Sasha Seidel, both graduate students, moved into an apartment near the university. Sasha wants to buy renter’s insurance, but Fred thinks they don’t need it because their furniture isn’t worth much. Sasha points out that, among other things, they have some expensive computer and stereo equipment. To help the Seidels resolve their dilemma, suggest a plan for deciding how much insurance to buy, and give them some ideas for finding a policy.

5.David Salter has a personal automobile policy (PAP) with coverage of $25,000/$50,000 for bodily injury liability, $25,000 for property damage liability, $5,000 for medical payments, and a $500 deductible for collision insurance. How much will his insurance cover in each of the following situations? Will he have any out-of-pocket costs? 

a.David loses control and skids on ice, running into a parked car and causing $3,785 damage to the unoccupied vehicle and $2,350 damage to his own car.
b.David runs a stop sign and causes a serious auto accident, badly injuring two people. The injured parties win lawsuits against him for $30,000 each.
c.David’s 18-year-old son borrows his car. He backs into a telephone pole and causes $450 damage to the car.

3.Suppose that Leonard Krauss places an order to buy 100 shares of Google. Explain how the order will be processed if it’s a market order. Would it make any difference if it had been a limit order? Explain.

5.Using the Web site for Yahoo! Finance (http://finance.yahoo.com), find the 52-week high and low for Google’s common stock (symbol GOOG). What is the stock’s latest dividend yield? What was Google’s most recent closing price, and at what P/E ratio was the stock trading?