« previous next »

Author Question: In which of the following policies does the premium typically increase as you age? A) Whole ... (Read 52 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Young children typically are boundlessly curious about the world around them. Young children typically are boundlessly curious about the world around them.
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Contents of Office Policies and Procedures Manual Contents of Office Policies and Procedures Manual
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library