An insurance company that is owned by its policyowners, who share the insurer's divisible surplus in the form of participating policy dividends, is known as

Banker's acceptances are frequently used to facilitate trade between firms in the United States and other countries

Indicate whether the statement is true or false.

Alice lends $200,000 for each new idea. Alice's history is that she selects low-risk projects or ideas that hit 50% of the time. What rate of return must each successful project pay Alice for her to break even?

A) 0% B) 50% C) 100% D) 200%