The net present value of the project is ________. (See Table 11.5)

Because demutualization is a slow and cumbersome process, some states have enacted legislation that allows a mutual company to be reorganized so that it may own or acquire control of stock companies that can issue additional shares of common stock. The reorganized mutual company is called a(n):

(a) mutual holding company (b) captive insurance company (c) shell insurance company (d) fronting insurance company

Benefits paid for customary charges incurred during an examination by an ophthalmologist or optometrist are included in

A) vision care insurance B) basic physician's expense insurance C) disability income insurance D) surgical expense insurance