Author Question: Given a cash value policy with the following characteristics: face value = 200,000, cash value = ... (Read 48 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
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

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

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.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library