Bert purchased a life insurance policy 4 years ago. He inadvertently stated that he was 1 year younger than his actual age. If Bert dies today, how much will the insurance company pay?

Which of the following is a characteristic of the floating exchange rate regime?

A. It allows for automatic trade balance adjustments. B. The use of monetary policy by the government is restricted. C. It allows for greater monetary discipline. D. It limits the destabilizing effects of exchange rate speculation. E. It eliminates volatility and uncertainty associated with exchange rates.

What is the minimum amount of shares of a public corporation that might give activist shareholders effective control of the corporation?

A) 51% B) 49% C) 25% D) 10% E) 30 %