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Pachacha [2.7K]
3 years ago
5

The annuity settlement option that pays out the highest monthly income for as long as the annuitant lives, and leaves no residua

l value upon the annuitant's death, is the:
a. Life Income with Refund Optionb. Life Income Joint and Survivor Optionc. Joint Life Optiond. Life Income Options
Business
2 answers:
Vlada [557]3 years ago
6 0

Answer:

Life Income Option

Explanation:

Life Income option is also known as Straight-life annuity pays out the highest monthly income as long as the annuitant is lives and leaves no residual value upon the annuitant's death and so to avoid loss it better to chose an annuity with specific period because the annuitant can die early.

kondaur [170]3 years ago
6 0

Answer:

<h2>Life Income Option</h2>

<h2 />

Explanation:

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Explanation:

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Continuum is a word used to describe a process with stages that vary slightly and lies between two eventualities.

The continuum in the question is used to describe the stages in the service delivery system, from the level of low customer contact that gradually progresses to a level of high customer contact.

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3 years ago
A zero-coupon bond pays no interest payments to the bondholder. It has a $1,000 par value and matures in 5 years. What is the va
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Answer:

$620.92

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4 years ago
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3 years ago
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The Amer Company has the following characteristics: Sales = $1,000, Total assets = $1,000. Total debt/Total assets =35%, Basic E
Taya2010 [7]

Answer:

ROE  = 16.98%

Explanation:

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The following steps are taken:

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Meaning 0.35 x $1,000 = $350 and this is the total debt

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Interest on debt = Interest rate on total debt x total debt

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3) Now calculate the Net Income from Earnings before Interest and Tax

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Earnings Before Tax                       $184

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5 0
3 years ago
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Roman55 [17]

Answer:

B) related-linked strategy

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3 years ago
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