All of the following are Nonforfeiture options EXCEPT
A Cash surrender
B Extended term
C Reduced paid-up
D Interest only
D Interest only
Nonforfeiture values include cash surrender, extended term and reduced paid-up. Interest only is a settlement option.
You might also like to view...
Earnings per share tells the shareholder the amount of
a. cash generated per share of common stock. b. dividends earned by each common shareholder. c. dividend per share of common stock. d. income per share as if preferred stock dividends had been paid. e. income per share as if common and preferred stock dividends had been paid.
Pete is waiting for his friend, Will, whom he hasn't seen for some time. When Will arrives, Pete says, "It's good to see you," and gives Will a hug, spinning him around.
Identify the sender's communication ego state: as
1. CP - Critical Parent
2. SP - Sympathetic Parent
3. NC - Natural Child
4. AC - Adapted Child
5. A - Adult
One potential reason for a share repurchase is
A) to increase the power of a minority group of shareholders. B) to signal the market that the firm's stock price is too high. C) a reduction in the firm's cost associated with servicing small stockholders. D) maximize the dilution in earnings associated with a merger.
________ investors are professionals employed by a financial institution and are responsible for managing money
A) Institutional B) Professional C) Managing D) Security