Which of the Following Statements Is (Are)true with Respect to Variable

question 36

Multiple Choice

Which of the following statements is (are) true with respect to variable annuities?
I.The price at which accumulation units can be purchased fluctuates during the funding period.
II.The value of annuity units fluctuates over time.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Increase Profits

Strategies or actions taken by a business to boost its earnings above its expenses.

Reposition

The process of changing the market position of a product, brand, or company, often involving adjustments in marketing strategy, branding, or product features.

Complementary Product

A product that enhances the value of another product when used in conjunction, often leading to an increased demand for both.

Cannibalization

The reduction in sales volume, revenue, or market share of one product as a result of the introduction of a new product by the same producer.