Contract combined with decreasing term is commonly called

Assignment Help Financial Management
Reference no: EM132000770

1. A contract that provides for payment of the face amount plus a monthly payment starting with the death of the insured and continuing until 20 years after policy inception is called

a family income policy.

a family protection policy.

a family maintenance policy.

a guaranteed benefit policy.

2. A whole life contract combined with decreasing term is commonly called

a family maintenance policy.

a return of premium policy.

a family protection policy.

a family income policy.

Reference no: EM132000770

Questions Cloud

Policy relating scheduled premiums-unscheduled premiums : Policy provisions relating to "scheduled premiums," "unscheduled premiums" and the "applicable percentage" are included in
How much will you pay for the company stock today : If you require a return of 11 percent on your investment, how much will you pay for the company’s stock today?
Calculate the payback period for each product : Calculate the net present value for each product. Calculate the payback period for each product.
Differences in cost between two life insurance contracts : In comparing the differences in cost between two life insurance contracts
Contract combined with decreasing term is commonly called : A whole life contract combined with decreasing term is commonly called
What is the crossover rate : What is the crossover rate? If the required rate of return is higher than the crossover rate, which project should be accepted? Why?
The firm uses the capm to estimate the cost of common stock : The firm uses the CAPM to estimate the cost of common stock, and it does not expect to issue any new shares. What is its WACC?
Disability income insurance policy on which premiums : A disability income insurance policy on which premiums are paid weekly must have a grace period of
Why is it better than irr as decision measure : What does MIRR mean? How it is estimated? Be specific. Why is it better than IRR as a decision measure?

Reviews

Write a Review

Financial Management Questions & Answers

  Bond valuation-shorter-term bond when interest rates change

An investor has two bonds in his portfolio that both have a face value of $1,000 and pay a 8% annual coupon. Bond L matures in 19 years, while Bond S matures in 1 year. What will the value of the Bond S be if the going interest rate is 5%?  Why does ..

  What is your net return from this position

what is your net return from this position?

  Customer expect to be able to liquidate from mutual fund

how much money would your customer expect to be able to liquidate from the mutual fund at the end of the 30-year period?

  Current price of kruschev corp common stock

What should be the current price of Kruschev Corp common stock?

  Discuss your reasons for beleving that these two items

Discuss your reasons for beleving that these two items about the company would be important in making an investment decision.

  Current balance of the investment account

Your financial planning client wishes to have investment savings in 20 years that will provide $1.0 million dollars of purchasing power, measured in today's (real) dollars. how much must the client save per month starting at the end of the current mo..

  What is the cost of the preferred stock for infinity

Infinity Industries has just issued some $100 par preferred stock with a 10 percent dividend. The stock is selling on the market for $96.17, and Infinity must pay flotation costs of 6 percent of the market price. What is the cost of the preferred sto..

  Describes what happens with nominal assets during inflation

Which of the following is not true? "Unanticipated inflation". Which of the following best describes what happens with nominal assets during inflation?

  What is filer aftertax cost of debt

Filer Manufacturing has 6600000 shares of common stock outstanding. What is Filer's aftertax cost of debt?

  Portfolios total-systematic and non systematic risk

What is the variance of her portfolio's total, systematic and non systematic risk?

  Annual cost of capital-what is the value of business today

Roxanne invested $560,000 in a new business 7 years ago. The business was expected to bring in $8,000 each month for the next 26 years (in excess of all costs). The annual cost of capital (or interest rate) for this type of business was 7% with month..

  Using straight-line depreciation

Your Company is considering a new project that will require $830,000 of new equipment at the start of the project. The equipment will have a depreciable life of 6 years and will be depreciated to a book value of $164,000 using straight-line depreciat..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd