An insurance company charges $800 annually for car insurance. the policy specifies that the company will pay $1000 for a minor accident and $5000 for a major accident. if the probability of a motorist having a minor accident during the year is 0.2, and of having a major accident, 0.05, how much can the insurance company expect to make on the policy? (expected profit)

Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?