The most common multiplicities are 0..1, *, and 1
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
Which of the following statements is correct?
A) real cash flows must be discounted at a real discount rate B) all statements are correct C) (1 + real rate of interest) = (1 + nominal rate of interest)/(1 + inflation rate) D) nominal cash flows must be discounted at a nominal rate
Business
Which of the following would be appropriate for an individual with a low income and high insurance needs?
A. Straight whole life B. Paid-up at 65 insurance C. Endowment insurance D. Term insurance
Business