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!
Question:
On 1st October 2001 a man then aged 34 took out an endowment assurance policy with a sum assured of $100,000 payable on survival to age 50 or at the end of the year of earlier death.
(a) Calculate the net premium retrospective reserve value as at 30th September 2005.
(b) Over the past 5 years the insurer has experienced heavier than expected mortality on the endowment business and has decided to increase the policy values held for the future. This is to be done by "rating up" all insured lives by 3 years, which means that all lives will be treated as though they were 3 years older than they actually are (but the premium rate is unchanged). Calculate the net premium prospective reserve value for the policy as at 30 September 2005 on this new basis.
(c) Explain any difference between the reserve values in part (a) and part (b).
Basis: AM92 Select mortality, 4% pa interest
I want to see the solution that was provided in Feb 2013 for Calculate the new interest rate and excel function pv, Financial Accounting
Q. What is Debentures? Debentures a debenture is an instrument issued by the company acknowledge its debts to its holders . it is also an important method of raising long terms
formula and explanation for Gordon''s dividend capitalization method
The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income
Q. Market condition Affecting cost of capital? Market condition: if an investor is purchasing a security where the risk of the investment in significant the opportunity for add
What are the benefits of investing via international mutual funds? Answer: The benefits of investing via international mutual funds consist of: (a) Save transaction or info
SAM Technology had AED 640,000,000 of retained earnings on December 31, 2012. The company paid common dividends of AED 30,000,000 in 2012 and had retained earnings of AED 500,000
It shows the date and corresponding prices at which the issuer can call back bonds. The issuer pays higher premium over the par value of the bond if the bond is c
When a company issues new securities, how do flotation costs affect the cost of raising that capital? When a company issues fresh securities flotation costs, enhance the cost o
State the Types of integration Types of integration Horizontal Target company has same operations, and is in the same industry
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd