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kirill115 [55]
3 years ago
11

All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group

of answer choices The frequency of premium payments can be changed. Policy loans are permitted on an interest-free basis. The death benefit can be increased with evidence of insurability. Premium payments can be any amount provided there is sufficient cash value to keep the policy in force.
Business
1 answer:
miv72 [106K]3 years ago
5 0

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

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The newly formed nation remained financially solvent through the first decade of its existence (1790s). Choose ONE of the follow
tresset_1 [31]

Answer:

Establishment of the national bank

- Eventually issued paper money, handled tax receipts and other government funds.

Explanation:

The adoption of Hamilton's debt plan impacted financial solvency the most because in this plan Hamilton proposed to pay off the foreign debt and to issue new bonds to cover the old ones. He also proposed that the federal government would assume all state debt, giving creditors an incentive to support the new government and he proposed a National Bank.

7 0
3 years ago
Assume that one year ago, you bought 210 shares of a mutual fund for $20 per share and that you received an income dividend of $
kozerog [31]

Answer:

17.60%

Explanation:

The total return , in this case, can be ascertained using the holding period formula provided below:

total return=(P1-P0+dividend+capital gains)/P0

Holding period return refers to the total return earned for holding the mutual fund investment for 1 year.

P1=market value of the fund now=$23

P0=the initial cost of the fund=$20

dividend=$0.22

capital gain= $0.30

total return=($23-$20+$0.22+$0.30)/$20

total return=$3.52 /$20

total return=17.60%

6 0
3 years ago
Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. pair
Oksana_A [137]
I have attached the list that contains the terms and phrases associated with basic assumptions, broad accounting principles, and constraints. I also answered it beforehand.

I hope it's the correct list and it will be of great help to you.

5 0
4 years ago
Assume a stock has a value of $100. The stock is expected to pay a dividend of $2 per share at year-end. An at-the-money Europea
Harlamova29_29 [7]

Answer:

$9.86

Explanation:

Calculation for the call option on the stock

Call option=$100−($100/1.05)−($2/1.05)+$7

Call option=$100−$95.238−$1.91+$7

Call option= $9.86

Therefore what must be the price of a 1-year at-the-money European call option on the stock is $9.86

4 0
3 years ago
Edie's Health Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share.
Umnica [9.8K]

The Par value per share after the split will be 2,500 shares.

<h3><u>What is a Share?</u></h3>
  • Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.
  • A stock with no dividend payments does not distribute its income to its shareholders. Instead, they look forward to further stock price growth as business profits rise.
  • Shares are an organization's equity capital, and there are two primary kinds of shares: common shares and preferred shares.
  • As a result, the terms "shares" and "stock" are frequently used synonymously. Owners of a corporation have the option of issuing preferred shares or common stock to investors.

A single common share's par value is determined by the charter of a corporation. It usually has nothing to do with the shares' actual worth. Actually, it's frequently lower. The par value is stated on each stock certificate that is issued for shares that are bought.

Know more about Shares with the help of the given link:

brainly.com/question/13931207

#SPJ4

3 0
2 years ago
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