A variable annuity is based on which of the following?

A) Equity investments (stocks and bonds)
B) Variable premiums
C) The Dow Jones Industrial Average
D) CD rates

Ans: A) Equity investments (stocks and bonds)

Business

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Rulemaking that involves adding additional requirements to established or customary

rulemaking procedures is called: a. formal rulemaking b. informal rulemaking c. exempted rulemaking d. hybrid rulemaking

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