Which of the following would be appropriate for an individual with a low income and high insurance needs?
A. Straight whole life
B. Paid-up at 65 insurance
C. Endowment insurance
D. Term insurance
Ans: D. Term insurance
Business
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Suppose an individual firm is comparing two investments, a one year bond from a U.S. firm paying 4% or a one year bond from a German firm which is paying 6%. The current dollars-per-euro rate is 0.75,
and the expected rate in one year is 0.72. If the expected rate is correct, which investment will receive the higher return? A) The U.S. Bond B) The German Bond C) They will have the same return. D) This cannot be determined from the information given.
Business
The standard paper size for business documents is consistent around the world
Indicate whether the statement is true or false
Business