All of the following are premium elements EXCEPT
A) expenses
B) interest
C) morality
D) mortality"
Ans: C) morality
Business
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A short forward contract on an asset plus a long position in a European call option on the asset with a strike price equal to the forward price is equivalent to
A. A short position in a call option B. A short position in a put option C. A long position in a put option D. None of the above
Business
Fifty years ago, service businesses played a relatively minor role in the economy compared to manufacturing businesses
Indicate whether the statement is true or false
Business