Which of the following $100,000 whole life insurance policies, issued by the same company to a man age 32, would require the highest first-year premium?

A company that uses a(n) ________ targeting strategy is appealing to a broad spectrum of people

A) fragmented B) undifferentiated C) concentrated D) differentiated E) customized

Gordon and Lintner, recognizing that dividends affect stock prices, suggest that positive effects of dividend increases are attributable ________

A) directly to the dividend policy B) directly to the optimal capital structure C) not to the informational content but to the consistency in the payment of dividends D) to the informational content of the dividends with respect to future earnings