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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.
Andrew Industries is contemplating issuing a 30-year bond with a coupon rate of 7% (annual coupon payments) and a face value of $1000. Andrew believes it can get a rating of A from
Explain in brief about Financial management These tools help the manager to figure out which sources offer the lowest cost offunds and which activities will provide the greates
You deposit $3,000 in a back account that pays 10% annually, how much would you have im your account after 5 years?
Q. What is Deferred Incomes? Deferred incomes are incomes received in advance before supplying goods or services. They represent funds received by a firm for which it has to su
Bonds are usually recognized by yields, which change from time to time owing to many market forces. There exists an inverse relationship between the bond price and the
Q. What is Unsanctioned Expenditure? The expenditure, which is regularly incurred without the sanction of the competent authority or beyond the sanctioned limit of funds provid
The economy consists of two consumers, A and B. Both consumers are endowed with one unit of good 1 and one unit of good 2. Consumer A is entirely indi?erent between all consumption
answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
Adapted from: Henderson, S, Peirson, G & Herbohn, K 2008, Issues in financial accounting, 13th edn, Pearson Education Australia, Frenchs Forest.For each of the following independen
name, cost ,features and size
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