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1. Which of the following terms describes an insurance policy that covers the lives of two people and that is payable only after both of them have died?

(a) A variable life insurance policy

(b) A universal life insurance policy

(d) A second to die life insurance policy

2. Which one additional benefits would not affect the NPV calculation? Explain why

1. release of working capital

2. resuced stock of work-in-progress

3. increased sales

4. shorter production runs per product line.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92881221

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