Given a cash value policy with the following characteristics: ...

[karlynnae]

Given a cash value policy with the following characteristics: face value = 200,000, cash value = 50,000, outstanding loans = 10,000 and surrender charges = 1,000, the benefits payable at death are
 
  A)
 
  200,000.
  B)
 
  199,000.
  C)
 
  190,000.
  D)
 
  150,000.

Question 2

The EV/EBITDA model involves a two-step process: first estimating firm value or EV, then subtracting other claims (such as debt) in order to isolate the value of equity.
 
  Indicate whether the statement is true or false

[lindahyatt42]

Answer to Question 1

C

Answer to Question 2

TRUE

[karlynnae]

Thank you

[lindahyatt42]

Happy to help you