The regulatory agency responsible for regulating the activities of life insurance companies is

Which of the following is a common mistake consumers commit when they make decisions?

A) They take into account nonmonetary opportunity costs but ignore monetary costs. B) They sometimes value fairness too much. C) They are overly pessimistic about their future behavior. D) They fail to ignore sunk costs.

Which legal claim has a fixed annual coupon payment?

A) common stock B) preferred stock C) bond D) reinvestment