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Author Question: These two products provide decreasing death protection over time. A) Decreasing term and ... (Read 123 times)

rlane42

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on: Jul 11, 2018
These two products provide decreasing death protection over time.
 
  A)
 
  Decreasing term and group mortgage insurance
  B)
 
  Decreasing term and universal life insurance
  C)
 
  Group mortgage and universal life insurance
  D)
 
  Group mortgage and variable life insurance

Question 2

Bueno Media preferred stock shares pay a 4 annual dividend and sell for 57.14 per share. What is the current required rate of return for their shares?
 
  A) 7.00
  B) 6.93
  C) 6.51
  D) 5.29


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fdliggud

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Reply #1 on: Jul 11, 2018
Answer to Question 1

A

Answer to Question 2

A
Explanation: A) r = PMT/Price = 4/57.14 = 7.00.


rlane42

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

tanna.moeller

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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