Which statement about variable universal life insurance is false?
A) Relatively small premiums are collected on a frequent basis.
B) They provide policyowners with more alternatives for investing cash values in their whole life policies.
C) They can duplicate universal life insurance.
D) Individual policies are large since it is purchased for employees by their unions.
D
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Which of the following interest rates would be inappropriate for use as a base rate for a variable rate bond?
A) The prime rate B) LIBOR C) A rate determined by the bond issuer's board of directors. D) The 10-year Treasury bond rate.
An attribute that contains different kinds of data (Dept/LastName) violates First Normal Form
Indicate whether the statement is true or false
By lowering production costs, _____ help domestic producers compete against foreign imports.
A. subsidies B. duties C. quotas D. tariffs
FNMA does not purchase home mortgages in the secondary market if the borrower's monthly total debt repayments (including housing costs) exceed _________ percent of the borrower's monthly gross income
A. 28 B. 30 C. 36 D. 40 E. None of the options is correct