« previous next »

Author Question: In which of the following policies does the premium typically increase as you age? A) Whole ... (Read 17 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?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

(A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l (A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l
In one-male group species, extra males typically reside in all-male “bachelor” groups. These are Han In one-male group species, extra males typically reside in all-male “bachelor” groups. These are Han
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Harry and Gus fish the same lake together from the same boat. Each morning Harry typically ... Harry and Gus fish the same lake together from the same boat. Each morning Harry typically ...
Video: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library