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Which type of insurance company generally takes on the greater risks: a life insurance company or a property and casualty insurance company?
The risks protected against by casualty and property companies are much less predictable than are the risks insured by life insurance companies. Fires, floods, Hurricanes and trial judgments are all much more difficult to predict than the number of sixty-year-old females who will die this year among a large number in this risk class. This signifies that casualty and property insurance companies must keep more liquid assets than do life insurance companies.
Strong form level of Efficiency This level states that price reflects all the available public and private information (past, present and future information). If the hypothesis
The credit term from the supplier is 2/30, net 60. Question: Calculate the effective annual rate if the firm does not take the discount.
Parties to Mutual Fund Trust As is common to any trust covered under the Indian Trust Act, the parties involved in a mutual fund trust are the sponsor or settler, the trustees,
Rating Symbol Capacity for Timely Repayment Rating Symbol Capacity for Timely Repay
calculate npv
Distinguish between Lease and Hire Purchase. What are the circumstances in which each of the system of financing is better than other?
An investor receives periodic interest payments at specified intervals till the date of holding or maturity. However, the holder of zero coupon
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Compare and contrast a defined benefit and a defined contribution pension plan. In defined benefit plan retirement remuneration are determined by a formula that typically
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