Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Anesu is age 45 when she decides to buy a fully discrete 20 year endowment policy of $10,000. Her contract is such that she pays level net benefit premiums every year at the beginning of the year. She pays premiums for the first 15 years as scheduled, but right after she pays her premium at age 60,she is laid off from her job and is unable to continue paying premiums. Anesu’s mortality follows the Illustrative Life Table and interest is 6%. Anesu is entitled to either receive the cash value of her account in cash, or a modified policy. The cash value at time 15 is 85% of the net benefit premium reserve at time 15 (age 60).
a. One of her options is to keep her $10,000 death benefit but reduce the pure endowment benefit. Calculate the reduced pure endowment benefit.
b. Anita inquires whether she could instead, do the opposite: keep the pure endowment benefit at $10,000 and lower her term insurance benefit. Is this possible?
c. Another option would be to change the policy to a whole life insurance policy. What would her death benefit be in this case?
A home identical to yours in your neighborhood, sold last week for $150,000. Your home has a $120,000 assumable, 8% mortgage (compounded annually) with 30 years remaining. An assumable mortgage is one that the new buyer can assume at the old terms, c..
Tri-coat Paints has a current market value of $43 per share with earnings of $2.14. What is the present value of its growth opportunities (PVGO) if the required return is 5%?
You are an outside analyst attempting to estimate the cost of capital for Venice Industrial.
Develop a three- to four-page analysis (excluding the title and reference pages), of the techniques Dr. Kallman has identified for managing risks. In this analysis, compare Dr.Kallman’s techniques to the techniques recommended in the second article y..
Tim Smith is shopping for a used car. He has found one priced at $4,000. The salesman has told Tim that if he can come up with a down payment of $700, the dealer will finance the balance of the price at an annual rate of 15% over 4 years (48 months)...
Compare long-term instruments and short-term risks, in terms of the various types of risk to which investors are exposed.
Investor objectives include. The Effective Annual Returns on investment 1 and 2 are, respectively.
Calculate the foreign currency risk premium from the Swiss investor's perspective and explain.
If you want to earn a minimum return of 9%, what is the most that you would be willing to pay for a share of Alpha Corporation today?
If the price of Hanbags Inc. stock is $43, its required return is 20% and the last dividend paid was $3, what is its dividend growth rate?
Which of the following do you consider pure public goods? Private goods? Why?
Suppose you were a member of the Duff, Indiana City Council and wanted to build a sports stadium that, while economically unviable, would promote your name long enough to run for the governorship. In this case you would want to use a ________ to fund..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd