Fire Insurance

Please choose the most appropriate answer for each sentence.
  • 1

    If insurance data suggests that a serious fire is likely to occur once in 25 years, then the ..... rate of occurrence is 1/25 = 0.04.

  • 2

    Here's something to consider for those of you who may be selling covered calls on stocks you already own: some folks are reluctant to sell covered calls on stocks because they are concerned about having the stock called ..... from them.

  • 3

    ..... yield is the dividend or coupon rate stated as a percentage of the security's present market price: for common stock, it is calculated by dividing its annual dividend by its market price, and for preferred stocks, the contractual dividend is divided by the market price.

  • 4

    Loans from a foreign parent to a Canadian subsidiary cannot fit within the exemption, so corporations have attempted to structure intercorporate debt in other ways, including '.....' loans, where cash is loaned from a foreign parent to an arm's length foreign company that then lends to the Canadian subsidiary.

  • 5

    The interest earned during the first year is found with the formula for simple interest; if the deposit earns ..... interest, the interest earned in the second year is calculated from the total amount on deposit at the end of the first year.

  • 6

    A company whose shares are traded on the so-called '..... sheets' is commonly one that does not meet the minimal criteria for capitalization and number of shareholders that are required by the NASDAQ and OTC and most exchanges to be listed there.

  • 7

    When a dealer sells or leases a car, he always receives cash, whether it's directly from the customer, or from a ..... company or bank who has loaned a customer the money.

  • 8

    The odd lot ..... of one eighth or one quarter of a point was one of the ways that the odd lot broker made money, but these days there are no odd lot brokers; small stock trades, whether for 50 shares or 100 shares, are handled by computers rather than by people.

  • 9

    Like the 401(k), the 12 .....-1 fund is named after a section of a federal law - in this case, the Investment Company Act of 1940; the charge is for marketing and distributing the fund - in other words current investors foot the bill to win new investors.

  • 10

    The cost of debt ..... which has already been issued is the rate of interest (the internal rate of return) which equates the current market price with the discounted future cash flow from the security.

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