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Q. Explain about Death Benefit?
Death Benefit - Amounts received under a life insurance contract and paid by reason of death of the insured. (Even though most death benefits are paid at termination of life, certain plans now pay accelerated death benefits whereas the insured is still alive which implies: an AIDS patient may possibly receive accelerated death benefit.
1. role financial intermediaries 2. nature and role of money markets
Sunk Cost This is a cost which has already been incurred and cannot be affected through present or future decisions.
Q. What is Estate Tax? Estate Tax - Tax on the value of a DECENDENT'S taxable estate, usually defined as the decedent's ASSETS less LIABILITIES and certain expenses that may in
Question: (a) An efficient financial market is assumed to hold under the Capital Asset Pricing Model (CAPM). What is the main hypothesis of an efficient financial market? (
Classification of source of finances
Q. Example on Bills of exchange? ARG Co will be apprehensive to protect the sterling value of its expected dollar receipt. The quoted forward rates demonstrate that the dollar
All the bonds are not making periodic coupon payments. Zero-coupon bonds are those bonds where the bondholder realizes interest by buying it at a deep discount to its face
Roxanne invested $560,000 in a new business 7 years ago. The business was expected to bring in $8,000 each month for the next 26 years (in excess of all costs). The annual cost of
SUPERVALU INC . , a large US retail grocer, had $36.1 billion in sales for its fiscal year ended February 25, 2011. SUPERVALU currently reports using US GAAP. The controller of
traditional theory in assignment
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