John purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money when she dies. John is both the ________ and the ________ who will receive the ________ upon the death of Betty, the ________
A) insured; beneficiary; money; policyholder
B) policy owner; beneficiary; face amount; insured
C) policy owner; insured; face amount; beneficiary
D) beneficiary; premium payer; face amount; policy holder
E) none of the above
Answer: B
Business
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Nachman Industries just paid a dividend of D0 = $1.32. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the Stock's Current Fair Value?
A) $41.59 B) $42.65 C) $43.75 D) $44.87 E) $45.99
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In order to receive the Earned Income Credit for Oregon, you must have qualified for the federal earned income credit.
a. true b. false
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