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Choose the Word or Phrase in [ ] Which Will

question 49

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-You own your house.The amount of HO insurance coverage you will have on your furniture will be dependent upon [the replacement value of your house | the amount of insurance on your home].


Definitions:

Payback Period

The time required for the return on an investment to "pay back" the sum of the original investment, commonly used as a measure of investment risk.

Profile

A description or analysis of the characteristics, qualities, or activities of a person, organization, or thing.

Net Present Value

A financial metric that calculates the present value of all cash inflows and outflows of a project or investment, using a specific discount rate.

Internal Rate

Commonly signifies the internal rate of return (IRR), identified as the discount rate that sets the net present value (NPV) of all cash flows pertaining to a specific project at zero.

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