You recently purchased a stock for $30. It is now worth $40, and it paid a $5 dividend during the time you held it. Your rate of return on this stock is closest to which of the following?

All of the following statements about life insurance policy illustrations and the senior market are correct, except:

A. Guaranteed elements must be emphasized in bold print. B. To be understandable, policy illustrations must follow certain formats so the insured can make informed buying decisions. C. Illustrations must note that they are only an illustration. D. The illustration will note that both guaranteed and non-guaranteed elements will remain unchanged for the years illustrated.

The warranty, included in the sales price of a company's product, that the product meets agreed-upon specifications in the contract at the time the product is sold.

(a) contract (b) continuing franchise fees (c) assurance-type warranty (d) collectibility