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3 years ago

_____ can be both an advantage and a disadvantage of universal life insurance.

1 answer:

8 0

The correct answer is known as Flexible Premium Life Insurance.
Life Insurance or Insurance is described as an agreement among an insurer and a policyholder, wherein the insurer ensures promised payment of a death beneficiary to named beneficiaries upon the death of the insured individual. The Insurance Company creates an agreement upon a death benefit in consideration of the charge of premium with the aid of the insured.

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Consumer _____ refers to the personal, social, and economic significance of a purchase. Group of answer choices acculturative re

puteri [66]

Answer:

Consumer Involvement

Explanation:

Consumer Involvement refers to the level of importance a consumer places on a purchase. The consumer factors in the personal, social and economic significance of the product before going ahead to make the purchase. The levels of consumer involvement could be of three types, namely; low, medium and high involvement.

A low involvement purchase is one in which the consumer does not give so much thought to before making the purchase. Example is household products like detergents. Medium Involvement purchase are those in which the consumer puts in some thought before acquisition. An example could be new clothes. High Involvement purchase require considerable thought and research before the purchase is made. An example could be a new car.

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2 years ago

How do I get gud at craft

irakobra [83]

Answer:

practice at least two times per day

3 0

2 years ago

Read 2 more answers

Mr Howard opens a restaurant that sells sandwiches and the cost of the material to make the sandwich is 5.00. He wants a 40% mar

Tema [17]

Answer:

$3.56

Explanation:

having the 40% allows you to keep the sandwich price lower

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3 years ago

You want to quit your job and go back to school for a MBA 4 years from now, and you plan to save $8,800 per year, beginning imme

dsp73

Answer:

d. $40,510.15

Explanation:

The following tables will make it easier understanding the calculations.

Every year, you add the deposit of $8,800 to the starting amount, calculate the 5.7% interest over the balance, add the interests to the balance and obtain the final balance of the year, which is the starting balance of the next year.

First year:

Start ($): 0

Deposit ($): 8,800

Balance ($): 8,800

Interest($): 5.7% × 8,800 = 501.60

Final balance ($): 8,800 + 501.60 = 9,301.60

Second year:

Start ($): 9,301.60

Deposit ($): 8,800

Balance ($): 9,301.60 + 8,800 = 18,101.60

Interest($): 5.7% × 18,101.60 = 1,031.79

Final balance ($): 18,101.60 + 1,031.79 = 19,133.39

Third year:

Start ($): 19,133.39

Deposit ($): 8,800

Balance ($): 19,133.39 + 8,800 = 27,933.39

Interest($): 5.7% × 27,333.39 = 1,595.20

Final balance ($): 27,933.39 + 1,595.20 = 29,525.59

Fourth year:

Start ($): 29,525.59

Deposit ($): 8,800

Balance ($): 29,525.59 + 8,800 = 38,325.59

Interest($): 5.7% × 38,325.59 = 2,184.56

Final balance ($): 38,325.59 + 2,184.56 = 40,510.15

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3 years ago

Fleury Security Limited (FSL) is projected to have earnings per share (EPS) of $3.50 next year, and the firm’s dividends are 30%

ra1l [238]

Answer and Explanation:

The computation is shown below:

a) For ROE of the company

As we know that

Debt ratio = 1 - (1 ÷ Equity multiplier)

0.4 = 1 - (1 ÷ Equity multiplier)

(1 ÷ Equity multiplier) = 0.6

Equity multiplier = 1 ÷ 0.6

= 1.6667

Now ROE is

ROE = Net Profit Margin × Total Asset Turnover × Equity multiplier

= 10% × 0.9 × 1.6667

= 15%

b) For the Price of FSL shares

Expected Dividend next year (D1) = Projected EPS × Dividend payout ratio

= $3.50 × 30%

= $1.05

And, Required Return(ke) = 12.4%

Growth Rate(g) = ROE × (1 - Dividend payout ratio)

= 15% × (1 - 0.30)

= 10.5%

And finally the Price of STock:-

= D1 ÷ (ke - g)

= $1.05 ÷ (0.124 - 0.105)

= $55.26

C. For Present Value of Growth Opportunity(PVGO)

As we know that

Present Value of Growth Opportunity(PVGO) = Stock Price - (EPS ÷ Ke)

= $55.26 - ($3.50 ÷ 12.4%)

= $27.03

7 0

2 years ago