Diane has purchased a fixed-indexed annuity with a participation rate of 60 percent, a maximum cap rate of 5 percent, an annual point-to-point indexing method, and a guaranteed minimum value. In the first year of the contract, the stock index rose by 10 percent. In the second year, it declined by 5 percent. Which of the following statements about this fixed-indexed annuity is true? (Check all that apply.) the index value starting point is reset each year in the first contract year, the annuity is credited with a return of 6 percent the periodic payment is linked to the performance of an underlying portfolio of securities managed by the insurer in the second contract year, the annuity account balance incurs a loss of 3 percent. the annuity guarantees a return of premium plus interest at a specified rate regardless of the performance of the index over the life of the contract