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1. Compare and contrast how you would measure the performance of life insurers vs. property & casualty insurers. In doing so, provide 3 tools to be used in the performance measurement of life and property & casualty insurers, respectively,

2. A certificate of deposit (CD) offers a daily rate of 0.04% compounded daily. What is the nominal rate of interest? You can assume 365 days per year. Express your answer as a percentage between 0 and 100 rounded to the nearest tenth of a percent.

3. What does the law of one price imply for the NPV of a financial asset traded in a competitive market? Answer in 2-3 lines.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92791309

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