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NEW QUESTION: 1
What is the difference between expected monetary value and net present value?
A. Expected value is the estimated value of risk response plans and net present value helps determine the value of investments.
B. Expected value is the probability times impact of an opportunity and net present value is the benefits less costs over many time periods.
C. Expected value is the value it takes to recover your investment and net present value is the value of money.
D. Expected value is the estimated value of the work actually accomplished and net present value is the value of the work to be done.
Answer: B

NEW QUESTION: 2
Which of the following statements about endowments is correct?
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B. Endowment insurance pays a benefit amount only if the insured dies during the specified term of coverage
C. Premiums vary throughout the term of an endowment policy
D. Unlike permanent life insurance policies, endowment policies do not steadily build cash values
Answer: A

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Answer: B,D,E

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