Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Morgan is a 32-year-old nurse. She is in good health and has applied for a new cash value life insurance policy. She is interested in knowing whether she should surrender her current policy and purchase the new policy offered through a AAA-rated firm. If all of the contract and company characteristics are similar, and the current face value of her policy is sufficient, should she maintain or replace her current policy? Assume the following factors:

- Yearly premium: $1,900

- Cash value at the beginning of the period: $13,456

- Cash value at the end of the period: $13,927

- Projected after-tax rate of return: 3.50%

- Current policy dividend: $350

- Death benefit: $200,000

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M938142

Have any Question? 


Related Questions in Basic Finance

1 what are some development strategies that many developers

1. What are some development strategies that many developers follow? Why do they follow such strategies? 2. What contingencies are commonly found in permanent or take-out loan commitments? Why are they used? What happens ...

1 discuss some of the advantages and disadvantages of

1. Discuss some of the advantages and disadvantages of setting up production in LCCs. Consider the benefits of market growth and the risk of an example venture. 2. Look at the information on the RDEs discussed in the tex ...

1 researchers who use group designs replicate their

1. Researchers who use group designs replicate their findings by repeating the same (or a similar) experiment on other samples of participants. How do single-case researchers replicate their findings? 2. What is the rati ...

1 how do reward systems serve as barriers to enterprise

1. How do reward systems serve as barriers to enterprise integration? 2. In your words, describe and illustrate the great divide. Do you believe the great divide phenomenon is as widely experienced as the text indicates? ...

What is the difference between basic earnings per share and

What is the difference between basic earnings per share and diluted earnings per share? If an asset is depreciated for tax purposes using MACRS, but depreciated using straight-line depreciation for financial reporting pu ...

1 what is bank leverage how is it related to a banks roe2

1. What is bank leverage? How is it related to a bank's ROE? 2. Why might the managers of a bank want the bank to be highly leveraged? Why might the bank's shareholders want the bank to be less highly leveraged? 3. Suppo ...

A using the table of critical values of t in appendix a-2

a. Using the table of critical values of t in Appendix A-2, find the critical value of t for an experiment in which there are 28 participants, using an alpha level of .05 for a one-tailed test b. Find the critical value ...

1 distinguish among descriptive correlational experimental

1. Distinguish among descriptive, correlational, experimental, and quasi-experimental research. 2. Distinguish between an independent and dependent variable.

A project has an initial cash outflow of 39800 and produces

A project has an initial cash outflow of $39,800 and produces cash inflows of $18,304, $19,516, and $14,280 for years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent?

1 describe the basic problem that threatens internal

1. Describe the basic problem that threatens internal validity for nonequivalent group designs. 2. Give an example of a between-subjects nonexperimental design and a between subjects quasi-experimental design. Explain wh ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen