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forward exchange rate can be computed from spot exchange by adding or subtracting premium ir discount. also forward rate can be at forward premiun of discount when comapred to spot exchange rate.
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What is the past tense of compute?
Computed is the past tense of compute.
Calculation of unearned premium?
Unearned Premium = Policy Preimum - (Policy Premium * (No of Days Elapsed / 365))
What is the title of a person in an insurance company who calculates the premium?
An Actuary is the person in an insurance company who calculates the premium
How is the marine insurance premium calculated?
Insurance value x Exchange Rate(USD)xexcess value(0.7/1000)+sales tax(10.3%)=Premium
What kind of adverb is the word forward?
An adverb of place - where did the man run? - forward.
What is forward premium How does the forward market help in reducing currency risk in international business?
The forward premium arises due to interest differentials between two currencies. In order that the two currencies have the same intrinsic values as they have today and avoid interest arbitrage, the premium/discount comes into effect.The forward rate includes the forwrd premium/discount and so the risk of spot market moving in the wrong way is minimised by entering into a forward contract.
IF Covered Interest rate Parity says that interest rate differential equal?
forward/discount rate premium
When effective interest method is used to amortize bond premium or discount the periodic amortization will be?
increasse if the bonds were issued at either a discount or premium.
What is the opposite of discount?
The opposite of "a discount" (reduction in price) would be a premium or surcharge. The opposite of the verb discount (dismiss) could be credit, accept,or consider.
What exactly is a no claims discount?
A no claims discount is given by auto insurance companies. If a policy owner files no claims for usually 5 years, a discount is given towards the insurance premium.
The amount by which the required discount rate exceeds the risk-free rate is called what?
Risk premium.
Will your home owner insurance go down?
There are many reasons for home owners insurance to reduce in premium, such as various discounts, security alarm discount, mortgage free discount, home and auto discount, senior discount, claims free discount, new home discount, and the list goes on, as well every year in Ontario your insurance company will either increase there home rates, decrease them or leave them as is, this could also affect the premium. As well your postal rating may become more desirable to the insurance company and it will drop in premium this way. There is honestly so many ways insurance premium can change without being in the industry the best thing I can suggest is to look for discounts, this is the one important thing homeowners can control.
What do you understand by issue of shares at premium par discount?
If a share has a nominal face value of say $10.00 then if issued at less than $10.00, is said to issued at a discount If issued at $10.00, then issued at par. If issued at more than $10.00 is issued at a premium.
Is it legal to raise health insurance premium for not submitting to blood work?
It can be if the blood work is a condition of underwriting. When this happens what you generally find in the small print is the higher rate is actually what you are charged with a discount for complying with all the underwriting requirements. It is technically the loss of a discount not an increase in the premium.
Definition of health insurance premium?
Health insurance premium is the amount charged by the health insurance service provider against coverage of insured person's illness/disease as inscribed in the policy prospectus. The health insurance coverage is for a period of l2 months and is renewable every year. When the insured person intends to cover spouse,dependent children, parents, some insurance cos provide family discount. After deduction of family discount amount, service tax as applicable is added to the premium amount. However, family floater policies do not offer any family discount. In group health insurance policy,premium is paid for the total group of people and generally at reduced rate of premium,since insurance cos. offer attractive discount to them. The premium amount varies under which age group the proposer falls and the quantum of sum insured to be chosen by him.
Why the discount bond is not a bargain?
Because the rate of return it is still a function of market influences. Whether a bond is premium or discount is merely a reference of the coupon rate vs the real market interest rate. If the issuer sets their coupon rate below the market rate, it is said to be discounted. Set the coupon rate above the market interest rate and it is said to be premium. An invester pays below face value for a discount bond and above for a premium. In the end, the invester receives a return on their investment that aligns with the real market interest rates. Premium vs Discount is merely a reference point from where you start - you still end up in the same place.
What is discount in insurance?
In life insurance, discount is allowed on more of premium i.e. quarterly, half yearly or yearly payment of premia. Similiarly, in health insurance, when a person covers his sopuse, dependent children or parents, he/she is entitled to a family discount.
