1.Which type of life insurance offers the most face value of "pure" insurance per premium...
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Finance
1.Which type of life insurance offers the most face value of "pure" insurance per premium dollar where the insurance is based in defined mortality risk?
Question options: A.whole life B.universal life C.term D.limited payment
2.A bond issuer thinks that interest rates have peaked and will fall at least five percent over the next three years. What special feature should the bond have?
Question options: A.cumulative B.retractable C.callable D.convertible
3.Tim wants a mutual fund with the following characteristics: modest volatility and preferred tax treatment. Which of the following best matches his objectives?
Question options: A.balanced fund B.equity growth fund C.Cdn dividend fund D.specialty fund
4.Credit counselling services and debt proposals offer over-committed debtors
Question options: A.assistance in the personal bankruptcy process B.mediation with creditors and debt repayment programs C.consolidation loans D.legal advice and representation in small claims court
5.Inflation affects the value of assets by
Question options:
A.decreasing their nominal value
B.making assets worthless
C.increasing their nominal value
D.increasing the value of some and decreasing the value of others
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