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Which of the following statements is (are) true about life insurance company investments? I. The majority of life insurance company general account assets are invested

Which of the following statements is (are) true about life insurance company investments? I. The majority of life insurance company general account assets are invested in bonds. II. The majority of life insurance company separate account assets are invested in stocks.

A. I only

B. II only

C. both I and II

D. neither I or II

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