All of the following are factors that determine the annuity benefit amount EXCEPT
A) the annuitant's age
B) the company's expense (loading) factor
C) the annuitant's tax bracket
D) the annuitant's sex
Ans: C) the annuitant's tax bracket
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The property Sam bought 30 years ago had appurtenant Easement for access. 20 years ago the county built a new road and Sam has not use the easement since that time when Sam sells the property, the easement
A) will automatically return to the servient property owner. B) will no longer run with the land due to the statue of limitations. C) must be renewed by re-recording it with the county. D) remains in place and will transfer with the property
Fred's Frankfurters has an expected return of 18.9%. The market has an expected return of 13.5%. If the risk free rate is 5%, calculate the Treynor Index. (Round to two decimal places)
A) 13.90% B) 5.40% C) 5.18% D) 8.48% E) 7.50%