« previous next »

Author Question: In which of the following policies does the premium typically increase as you age? A) Whole ... (Read 58 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jul 11, 2018
In which of the following policies does the premium typically increase as you age?
 
  A)
 
  Whole life
  B)
 
  Renewable term
  C)
 
  Decreasing term
  D)
 
  Group mortgage life

Question 2

Suppose a preferred share pays perpetual QUARTERLY dividends of 0.25 and has a per annum dividend yield of 6 percent. What is the fair value of this preferred share?
 
  A) 14.67
  B) 15.33
  C) 16.00
  D) 16.67


amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

D
Explanation: D) PV = PMT/r = .25/0.015 = 16.67.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Weather Typically Associated with Cold Front (North America) Weather Typically Associated with Cold Front (North America)
Types of Policies Important for a Massage Therapy Practice Types of Policies Important for a Massage Therapy Practice
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library