<span>True, the life insurance company can void the policy if it is found that Kelsey lied about her muscular disease on an application. When filling out a life insurance policy application, it is expected that the applicant answers all questions truthfully to the best of their knowledge. Falsification of information on a document is grounds for the application to be voided. Some other laws may apply depending on the state for when the void may go into affect or how it could impact Kelsey's ability to re-apply for the policy.</span>
I would say that renting and leasing an apartment are not the same thing, and I would choose A. False. Renting usually means you have a month-to-month agreement. Leasing usually means you have a much longer agreement.
However, I am not entirely sure.
Answer:
The sales revenue would be 170,000 if Hammer Time implements the decrease in selling price.
This would generate a decrease of $10,000 in the sales revenue
Explanation:
Understanding the way sales revenue is generated:
If the selling price drops to $10
and units sold increase by 5,000
Comparing with the previous year:
This policy decrease the sales revenue which makes the business less profitable.
Answer:
The correct option is option B which is the effective yield of the corporate bond is higher.
Explanation:
The complete question is not given so it is found online and is attached herewith.
In order to compare the tax free municipal yield to the taxable corporate yield, the two must be equalized.
So the equalization of the yield is given by
Here the Tax Free Yield is 11%
The Tax bracket is 28%
So the equivalent yield of the municipal bond is given as
Now the options are as below
A. The effective yield on the municipal bond is higher
B. The effective yield on the corporate bond is higher
C. Both effective yields are equivalent
D. The coupon rates for each bond are necessary to determine the effective yield
As the effective yield of municipal bond is 15.27% while that of the corporate bond is 16% so the correct option is option B which is the effective yield of the corporate bond is higher.
Answer:
hi
Explanation:
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