Author Question: A rational investor would prefer to receive 1,200 today rather than 100 per month for 12 months. ... (Read 119 times)

segrsyd · **on:** Jul 11, 2018

A rational investor would prefer to receive 1,200 today rather than 100 per month for 12 months.

Indicate whether the statement is true or false

Question 2

Which of the following statements about the liability limits of the PAP is (are) true?

I. The policy can be written with split limits of liability.
II. Prejudgment interest is considered part of the damage award and is subject to the policy limit of liability.
A) I only
B) II only
C) both I and II
D) neither I nor II