Affirmative action programs exist for all but which of the following reasons:
a. Employer goodwill
b. Reverse discrimination
c. Court-ordered dissent decree
d. Compliance with EO 11246
Ans: b. Reverse discrimination
Business
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Which of the following statements about yearly renewable term insurance is (are) true? I. It requires evidence of insurability for renewal. II. It is most appropriate when an insured needs lifetime protection
A) I only B) II only C) both I and II D) neither I nor II
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Duration matching immunizes a portfolio against
A. Any parallel shift in the yield curve B. All shifts in the yield curve C. Changes in the steepness of the yield curve D. Small parallel shifts in the yield curve
Business