Author Question: Given a cash value policy with the following characteristics: face value = 200,000, cash value = ... (Read 39 times)

karlynnae

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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

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Answer to Question 1

C

Answer to Question 2

TRUE



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