A Letter of Last Instructions Could Include This Information

question 26

Multiple Choice

A letter of last instructions could include this information.

• A) revisions to will.
• B) establishment of trusts.
• C) naming of guardians.
• D) distribution of assets.
• E) funeral and burial wishes.

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Definitions:

Cost Of Capital

The minimum rate of return a company must earn on its investments to maintain its market value and attract funds.

Risk Class

A categorization that reflects the level of risk associated with an investment, used to align investments with an investor's risk tolerance.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, often receiving dividends before common shareholders.

Dividend Yield

A ratio in finance that reveals the yearly dividend payment of a company against its share price.