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Agata [3.3K]
3 years ago
5

What is a similarity between a term life insurance policy and a whole life insurance policy?

Business
1 answer:
aleksandr82 [10.1K]3 years ago
5 0
Both provide financial compensation to the beneficiaries upon the policyholder’s death.
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Answer:

you would need 68000 of the coupon bonds to issue to raise the $68 million.

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price of the coupon bond = $1000

number of coupon bond = $68 million/1000

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Therefore, you would need 68000 of the coupon bonds to issue to raise the $68 million.

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