Under an installment refund settlement option, if the primary beneficiary dies, the secondary beneficiary will receive
A) a lump-sum payment
B) the same income payments for a fixed number of years
C) the same income payments until the total amount paid out to both beneficiaries equals the original amount of proceeds
D) half of the remaining proceeds"
Answer: C) the same income payments until the total amount paid out to both beneficiaries equals the original amount of proceeds
Business
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Indicate whether the statement is true or false.
Business
Stock A B C D Expected Return 5% 5% 7% 6% Standard Deviation 10% 12% 12% 11% Which of the following statements is true?
A) A is a better investment than B. B) B is a better investment than C. C) C is a better investment than D. D) D is a better investment than C.
Business