All of the following are use a subscription revenue model for music except:

When a cash value life insurance policy is converted into an annuity in a nontaxable transaction, the event is generally known as

A) a 1035 exchange B) a modified endowment C) a rollover D) a pension enhancement

Why are the bid—ask spreads quoted in the interbank spot market? What is their purpose?

What will be an ideal response?