Ques
the proposed insured makes the premium payment on a new insurance policy. if the insured should
die, the insurer will pay the death benefit to the beneficiary if the policy is approved. this is an
example of what kind of contract?

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system

Of the following combinations of financial instruments, which depicts the correct ranking of high to low risk (moving from left to right)? commercial paper; preferred stock; bankers' acceptances state & local government bonds; u. s. treasury bonds; aaa-rated corporate bonds common stock; leases; u. s. treasury notes preferred stock; common stock; u. s. treasury bills