Malcolm would like to purchase life insurance. He is concerned that he might need additional life insurance in the future and that he might be uninsurable at that time
What provision can Malcolm add to his life insurance policy that will permit him to purchase additional life insurance at specified times in the future without providing evidence of insurability?
A) double indemnity rider
B) guaranteed purchase option
C) waiver-of-premium provision
D) accelerated death benefits rider
Answer: B
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Nicholas Industries can issue a 20-year bond with a 6% annual coupon. This bond is not convertible, is not callable, and has no sinking fund. Alternatively, Nicholas could issue a 20-year bond that is convertible into common equity, may be called, and has a sinking fund. Which of the following most accurately describes the coupon rate that Nicholas would have to pay on the convertible, callable bond?
A. It could be less than, equal to, or greater than 6%. B. Greater than 6%. C. Exactly equal to 8%. D. Less than 6%. E. Exactly equal to 6%.
Which of the following is true regarding the sampling distribution of the mean for a large sample size? Assume the population distribution is not normal
a. It has the same shape, mean and standard deviation as the population. b. It has the same mean as the population, but a different shape and standard deviation. c. It the same mean and standard deviation as the population, but a different shape. d. It has the same shape and mean as the population, but a different standard deviation.
You can use the GROUP BY clause and the ORDER BY clause in the same SELECT statement
a. True b. False Indicate whether the statement is true or false
What is the difference between buying assets and buying liabilities and which groups of people purchase these assets or liabilities?
What will be an ideal response?