financial institutions

Question 1 policyholders mad payment per policy is $50,000. If the rate investments is 6%, what premium should the policy charge? ta collected by a general insurance company indicates that 68,750 of 2,346,000 e claims last year on their home insurance policies. The average claim of return earned on the insurance company's Question2 A female customer of 44 years old wants to purchase a two-year term life insurance policy from your insurance company Nova Life. Premium will be received at beginning of each year, and claim of $100,000 would be paid in the middle of the year if ever death occurs.,with an annual interest rte of 7%, and using the Nova Scotia Life Table, what minimum premium will you charge on the policy? Question3 An investment bank is conducting an equity issuance to raise equity capital for a manufacturing firm to finance its $126 million new project that has a present value of S188 million. The firm has a debt of $52.3 million in place. The average annual earnings of the firm has been $12.8 million, and EBITDA $21 million. P/E and V/EBITDA ratios of comparable firms without debt are 14 and 12.3, respectively. If the issuing firm requires increasing its existing shareholders' wealth by a minimum of 25% with the issuance and investment, what maximum. issuance costs (Cmax) can the investment bank charge? a) b) If the investment bank charges the ICmax calculated above, what is the fraction of ownership does the firm need to sell to new investors? c) If the target share price after the issuance is $21, how many shares need to be sold to new investors