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Underwriting is the process of insurance companies creating rate classification schedules to help decide whom they will insure and how much to charge.

Earthquake insurance is not part of standard homeowner’s insurance policies but can be obtained through a separate policy or through an endorsement to your existing homeowner’s policy.

As a conservative investor, you can profit by selling a call on stock already owned, giving the buyer the right to purchase your shares at a fixed strike price for a time period.

You can estimate the trade-in value of your car on the websites for the National Automobile Dealers Association, Edmunds, or Kelley Blue Book.

A mortgage applicant who anticipated increasing interest rates would be most interested in

New vehicles can depreciate very quickly after purchase.

The higher the beta on a stock, the higher the rate of return an investor should require.

After a Halloween night of madness on Sixth Street, Mark and two friends took Mark’s four-wheel-driving Bronco for a midnight tour of campus. The next morning campus police found Mark and his Bronco in the middle of the campus fountain. Of the various sections if Mark’s auto insurance, damage to the fountain is covered by Mark’s ____ coverage, and damage to the Bronco is covered by his ____ coverage.

Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has a market value of $210,000 and they owe $134,000 on the mortgage. What is the equity in their home?

If one is in the 25 percent marginal tax bracket, he or she will have an after-tax income of ____ from an investment that pays $1,500 in taxable income.