Jkl insurance company estimates that 14 out of every 100 homeowners it insures will file a claim each year. last year, jkl insured 200 homeowners. according to the law of large numbers, what should happen if jkl insures 2,000 homeowners this year? a. the total number of claims filled by jkl policy owners should decrease. b. the total dollar value of claims will decrease. c. the average size of loss will decline in value. d. the actual results will more closely approach the expected results.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Which plan offers a tax-free education?

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?