20. Suppose a set of apartments have a replacement cost of $1,472,000, and the contents are valued at $2, 285, 000. if its territorial rating is 5, and its classification is C, what is the ann premium for a fire insurance policy? Territorial Rating 1 2 3 O $48,899.00 $41,505.00 $30, 176.00 $37,570.00 4 5 Building $0.25 $0.30 $0.37 $0.50 80.62 Contents 80.32 80.44 80.46 80.52 $0.58 Building Classification Building $0.36 80.45 80.54 80.75 $0.92 B Contents $0.49 $0.55 80.60 $0.77 $0.99 Building $0.45 80.54 80.63 80.84 $1.05 Contents 80.60 $0.75 $0.80 $0.90 $1.14

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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20. Suppose a set of apartments have a replacement cost of $1,472, 000, and the contents are valued at 82, 285, 000. If its territorial rating is 5, and its classification is C, what is the ann
premium for a fire insurance policy?
Territorial Rating
1
2
848,899.00
$41,505.00
$30, 176.00
$37,570.00
3
4
5
Building
$0.25
$0.30
$0.37
$0.50
$0.62
A
Contents
80.32
80.44
80.46
80.52
$0.58
Building Classification
Building
$0.36
$0.45
$0.54
$0.75
$0.92
B
Contents
$0.49
$0.55
80.60
$0.77
$0.99
Building
$0.45
$0.54
80.63
$0.84
$1.05
C
Contents
80.60
$0.75
$0.80
$0.90
$1.14
Transcribed Image Text:AF Changes 20. Suppose a set of apartments have a replacement cost of $1,472, 000, and the contents are valued at 82, 285, 000. If its territorial rating is 5, and its classification is C, what is the ann premium for a fire insurance policy? Territorial Rating 1 2 848,899.00 $41,505.00 $30, 176.00 $37,570.00 3 4 5 Building $0.25 $0.30 $0.37 $0.50 $0.62 A Contents 80.32 80.44 80.46 80.52 $0.58 Building Classification Building $0.36 $0.45 $0.54 $0.75 $0.92 B Contents $0.49 $0.55 80.60 $0.77 $0.99 Building $0.45 $0.54 80.63 $0.84 $1.05 C Contents 80.60 $0.75 $0.80 $0.90 $1.14
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