The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.
Answer:
5.54 %
Explanation:
Most Bonds are expressed per $100. I will use this as the Face Value.
We can then calculate the Yield to Maturity (YTM) of the Bonds as follows :
<em>PV = ($100 x 96 %) = - $96</em>
<em>PMT = ($100 x 5.1 %) ÷ 2 = $2.55</em>
<em>N = (15 - 2) x 2 = 26</em>
<em>FV = $100</em>
<em>P/YR = 2</em>
<em>YTM = ??</em>
Using a Financial Calculator to input the values as above, we get a YTM of 5.54 %
I would say define the situation.
the cost of the good will be thereb at the same ti e u go to the reustruant and make the payment
Since the indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management accountant will assign them by means of cost allocation.
<h3>What is the indirect cost?</h3>
The cost that is not directly related to the manufacturing process but plays a significant role in business is referred to as an indirect cost. It includes rent, salaries, office expenses, administration expenses, stationery, and so on.
The distribution of a single expense among numerous organizations, departments, or cost centers is known as cost allocation. It facilitates decision-making, waste reduction, and product pricing for businesses.
Learn more about cost allocation, here:
brainly.com/question/15937115
#SPJ1
