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Question 20. 20. (TCO 4) If you have purchased a medical insurance
policy with a very low deductible and the policy pays for hospital,
surgical, medical, and other bills under one plan, this is a called a
_____. (Points : 1)
low-cost policy.
hospital indemnity policy
long-term care insurance
cancer insurance policy
comprehensive major medical insurance policy
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BUSN 380 Week 7 Problem Set 7

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Problem Set 7
1. Calculating Net Asset Value. Given the information below,
calculate the net asset value for the Boston Equity mutual fund.
Total assets
Total liabilities

$225,000,000
5,000,000

Total number of shares 4,400,000
2. Calculating the Rate of Return of Investment Using Financial
Leverage. Suppose Shaan invested just $10,000 of his own money and