Convertible bonds sell for a premium over their 1 . market price 2 . value as stock 3 . value as debt
a. 1 and 2
b. 1 and 3
c. 2 and 3
d. 1, 2, and 3
c
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Which of the following statements about the change of plan provision in a life insurance contract is (are) true?
I. A change to a lower premium policy results in a refund of the difference in the cash values of the two policies. II. A change to a higher premium policy requires evidence of insurability. A) I only B) II only C) both I and II D) neither I nor II
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____________________ bonds are issued in a series so that a specified amount of the bonds mature each year
Fill in the blank(s) with correct word
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