Using Option Strategy Concepts,what Is the Value of an Insured

question 19

Multiple Choice

Using option strategy concepts,what is the value of an insured home,if the value of the uninsured home is $220,000,the house was purchased for $180,000 and the house has a casualty policy costing $500 with a $2,000 deductible? Ignore interest costs.

• A) $180,000
• B) $217,500
• C) $220,000
• D) $222,500

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Definitions:

Registration Statement

The legal document filed with the securities commission detailing a corporation's securities offering to the public.

Omission

The act of leaving something out or not including something.

General Practitioner

A medical doctor who does not specialize in one particular area of medicine and provides general health care to people of all ages.

Performance Standard

Defined criteria set to measure the quality or level of service or products to ensure they meet a certain threshold.