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  3. nick has a 560,000 ho-1 form insurance policy. no

Nick has a 560,000 Ho-1 form insurance policy. No additional endorsements or foaters have been...

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Accounting

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Nick has a 560,000 Ho-1 form insurance policy. No additional endorsements or foaters have been added to the policy. Therefore, the actual cash. value (ACV) of his property covered under this policy and the replacement cost of his property covered. One of his more valuable thems is a shotgun he uses for duck hunting. He purchased the shotgun 4 years ago for $1, 770 , and the total afe expectancy is 10 year. The shotgun he uses for duck hunting would cost $1,900 if ic was purchased today: The actual cash value (ACV) of the shotgun is

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