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Which of the following statements regarding current assumption whole life insurance is NOT correct?

A) During a period of relatively high interest rates the premiums could be reduced. B) During a period of relatively high interest rates the premiums could be increased. C) Premium adjustments are usually made on an annual basis. D) It is also known as interest-sensitive whole life."

Free cash flow (FCF) is the cash flow a firm generates from its normal operations; calculated as EBIT minus taxes plus depreciation

Indicate whether the statement is true or false