Annuity buyers who want their product to be supported by the insurers' general accounts would most likely be looking for interest returns that
A) can go up but can never go down
B) will keep pace with inflation
C) are guaranteed never to be less than the rate specified in the contract
D) can compete with equity investment returns
Ans: C) are guaranteed never to be less than the rate specified in the contract
Business
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A) a coast-to-coast mass advertising campaign B) a personal, door-to-door sales campaign C) the firm's enthusiastic approach to using social media D) the company's innovative investor relations program E) an aggressive couponing and point-of-sale effort in liquor stores
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What is a fixed-period system?
What will be an ideal response?
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