You can double your investment in 6 years if you can earn 12% on your investments
Indicate whether the statement is true or false.
TRUE
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Alex studies the projected financial returns from his customers including the money, resources, time and information involved in managing each account. Based on this analysis he may decide to
A. Formalize customer loyalty B. Fire some customers C. Utilize a push and pull financial information strategy D. Develop strategic, sustainable functional trusts E. None of the above
From the viewpoint of an insurer, the prerequisites of an ideally insurable risk include all the following except:
A) the loss must be capable of being determined and measured B) there must be a large, homogeneous group of exposure units C) the loss should not be subject to catastrophic hazard D) the peril should be such that the probability of loss is high