FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An insurance policy that has the premiums invested in stock, bond, or money market funds, and where the policy value changes with investment performance describes

An insurance policy that has the premiums invested in stock, bond, or money market funds, and where the policy value changes with investment performance describes the following type of insurance policy:

A.variable life insurance

B.term life insurance

C.commercial multiple peril insurance

D.group life insurance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets and Institutions

Financial Markets and Institutions

Authors: Jeff Madura

11th Edition

1133947875, 9781305143005, 1305143000, 978-1133947875

More Books

Students also viewed these Finance questions

Question

★★★★★
Julie Martinez, manager of the new retail outlet of Super Printing, is pondering the management challenges in her new position. Super Printing is a long-established printing company in a major...

Answered: 1 week ago

Question

★★★★★
Discuss how learning systems can be used in a military war simulation to train future officers and field commanders.

Answered: 1 week ago

Question

★★★★★
In your opinion, why has the number of disorders defined by successive editions of the DSM continued to increase?

Answered: 1 week ago

Question

★★★★★
The demand curve for product X is given by Qdx = 460 = 4Px. a. Find the inverse demand curve. b. How much consumer surplus do consumers receive when Px = $35? c. How much consumer surplus do...

Answered: 1 week ago

Question

★★★★★
Share of income Loss of Associates Income Tax Expense Operating Profit Protitoas from Discontinued Operations not of taxes Profit from Continuing Operations A RE6.7. Single Step Statement of Net...

Answered: 1 week ago

Question

★★★★★
A firm requires an investment of $30,000 and borrows $20,000 at 7%. If the return on equity is 16% and the tax rate is 25%, what is the firm's WACC? A. 10.6% B. 7.07% O C. 8.83% OD. 17.67%

Answered: 1 week ago

Question

★★★★★
A 64-year male patient gets admitted to the ICU in the hospital with respi- ratory rate of 22, heart rate of 90, Glasgow Coma Scale score of 6 and blood pressure of 63, compute the mortality (i.e.,...

Answered: 1 week ago

Question

★★★★★
At steady state, a reversible heat pump cycle discharges energy at the rate to a hot reservoir at temperature TH, while receiving energy at the rate 2c from a cold reservoir at temperature Tc. (a) If...

Answered: 1 week ago

Question

★★★★★
Problem 8-24 (Algo) Cash Budget with Supporting Schedules (L08-2, LO8-4, LO8-8] Garden Sales, Incorporated, sells garden supplies. Management is planning its cash needs for the second quarter. The...

Answered: 1 week ago

Question

★★★★★
A. Draw a graph to show equilibrium price. (3 points) Demand Supply Equilibrium price Quantity A Draw a graph to show equilibriurn price. (3 points)

Answered: 1 week ago

Question

★★★★★
Imagine a senior executive has asked you to conduct an organizational self-assessment based on the Four-Frame Model. Choose an organization that you either worked for, are familiar with, or have...

Answered: 1 week ago

Question

★★★★★
ANALYSIS Top Stories Unemployment is falling quickly, so Bills of more than $1,000 sent to flood victims for airlift rescues why are so many people still struggling? Scott Morrison faces day of...

Answered: 1 week ago

Question

★★★★★
Tom Donaldson rejects ethical relativism (when in Rome) and ethical absolutism (insisting on exactly the same standards everywhere for every situation). Instead, he recommends that companies...

Answered: 1 week ago

Question

★★★★★
What if he does raise the issue and the company does nothing? What should he do then, if anything? lo5

Answered: 1 week ago

Question

★★★★★
Every transcultural set of ethics standards for global business practice includes the principle of human rights. For example, the UN Global Compact says that companies should protect internationally...

Answered: 1 week ago

Previous Question Next Question