Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.
A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.
A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.
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Answer:
Price
Quantity supplied
Explanation:
The supply curve plots price on the vertical axis and quantity supplied on the horizontal axis.
The supply curve is upward sloping. This indicates the law of supply which says, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Answer:
More accessible goods
An increase in international trade
A rise in regional Jobs
The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
<h3>What is dividend?</h3>
Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.
Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.
Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.
Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
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Answer:
(a) 9.9%
(b) 10.09%
The further explanation is given below.
Explanation:
The given values are:
Coupon payment
= $99
Price
= $1,000
(a)
The Yield to maturity (YTM) will be:
= 
where,
C = Coupon payment
P = Price
n = years to maturity
F = Face value
On putting the estimated values is the above formula, we get
⇒ 
⇒ 
⇒ 
%
(b)
Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.
= ![[99\times (1 + r)] + 1,099](https://tex.z-dn.net/?f=%5B99%5Ctimes%20%281%20%2B%20r%29%5D%20%2B%201%2C099)
Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:
Rate (r) Total proceeds Realized YTM (
)
7.9% 1205.8 9.8%
9.9% 1207.8 9.9%
11.9% 1209.8 9.99%
Now,
Overall proceeds realized YTM:
= 
= 
= 
= 
= 
= 
= 
%
