Homework Help is Here – Start Your Trial Now!
Business
Finance
The following statement(s) can correctly be made about deferred income annuities (DIAS) and a variation of DIAS, known as qualified longevity annuity contracts (QLACs): A. Like immediate annuities, DIAS and QLACs have no accumulation period and therefore no accumulated value. B. Like fixed-rate deferred annuities, DIAS and QLACS have a start date that is at some point in the future from 12 months to 40 years or more after purchase. OBoth A and B A only B only Neither A nor B

The following statement(s) can correctly be made about deferred income annuities (DIAS) and a variation of DIAS, known as qualified longevity annuity contracts (QLACs): A. Like immediate annuities, DIAS and QLACs have no accumulation period and therefore no accumulated value. B. Like fixed-rate deferred annuities, DIAS and QLACS have a start date that is at some point in the future from 12 months to 40 years or more after purchase. OBoth A and B A only B only Neither A nor B

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
See similar textbooks
icon
Related questions
Question
The following statement(s) can correctly be made about deferred income annuities (DIAS) and a variation of DIAS, known as qualified longevity annuity contracts (QLACS): A. Like immediate annuities, DIAS and QLACs have no accumulation period and therefore no accumulated value. B. Like fixed-rate deferred annuities, DIAS and QLACS have a start date that is at some point in the future-from 12 months to 40 years or more after purchase. O Both A and B O A only O B only ONeither A nor B
Transcribed Image Text:The following statement(s) can correctly be made about deferred income annuities (DIAS) and a variation of DIAS, known as qualified longevity annuity contracts (QLACS): A. Like immediate annuities, DIAS and QLACs have no accumulation period and therefore no accumulated value. B. Like fixed-rate deferred annuities, DIAS and QLACS have a start date that is at some point in the future-from 12 months to 40 years or more after purchase. O Both A and B O A only O B only ONeither A nor B
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS