What Is the Relationship Between Age-Specific Mortality and Age-Specific Survivorship

question 37

Multiple Choice

What is the relationship between age-specific mortality and age-specific survivorship?

• A) age-specific mortality is the proportion of individuals alive at the start of an age interval; age-specific survivorship is the proportion that die before the start of the next interval
• B) age-specific survivorship is the proportion of individuals alive at the start of an age interval that die during the age interval; age-specific mortality is the proportion that survive until the start of the next interval
• C) the sum of age-specific mortality and age-specific survivorship always equals 1
• D) the sum of age-specific mortality and age-specific survivorship is always less than 1
• E) age-specific survivorship is always greater than 1

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Definitions:

Market-to-Book Ratio

The market-to-book ratio compares a company's market value (or capitalization) to its book value of equity, indicating how valued a company is in comparison to its accounting values.

Debt-Equity Ratio

The debt-equity ratio shows the comparative amount of shareholder equity and debt financing a company uses to support its assets.

Fully Depreciated

A state where a fixed asset has reached the end of its useful life and its book value is reduced to scrap value.

Profit Margin

A measure of a company's profitability, calculated by dividing net income by total revenues. It shows how much profit each dollar of sales generates.