The kind of policy is needed Level term.
With limited payment life insurance, the policyholder refrains from extending the policy to ultimately pay the premium. Instead, you pay the full cost of the policy over time. Term life insurance, also known as pure life insurance, is a type of death benefit that is paid to the policyholder's heirs over a specified period of time.
Life provides whole-life protection at a premium for 30 years. The advantage of this policy is that premiums can be carried forward for 30 years, making life insurance cheaper compared to other limited payment options. Single premium life insurance allows policyholders to make a lump sum payment instead of monthly, quarterly, or yearly payments.
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International bond that is sold primarily in countries other than the country of the currency in which the issue is denominated.
<h3 /><h3>What is Eurobond?</h3>
A Eurobond is a debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued.
Eurobonds are frequently grouped together by the currency in which they are denominated, such as Eurodollar or Euro-yen bonds.
Eurobonds are the bonds denominated in a currency other than that of the country in which they are issued.
A bond denominated in Japanese Yen and issued in the UK, or a bond denominated in US dollars and issued in France or the UK are examples of Eurobonds.
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Answer: 44%
Explanation:
In probability, Independent event is simply an event that doesn't have anything to do with the occurrence or non-occurrence of another event.
From the question, we are informed that likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30% and they are both independent.
Therefore, the probability that the stock price of at least one of the companies will rise goes thus:
P(at least one will rise) will be:
= 1 - P(both fall)
= 1 - [(1-0.20) × (1-0.30)]
= 1- (0.8 × 0.7)
= 1 - 0.56
= 0.44
= 44%
Answer:
$40,000
Explanation:
Calculation to determine What amount of capital gain income will N recognize related to this distribution
Using this formula
N Capital gain income=N stock basis- M distribution
Let plug in the formula
N Capital gain income=$100,000-$60,000
N Capital gain income=$40,000
Therefore The amount of capital gain income that N will recognize related to this distribution is $40,000
