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:

Complexity

A characteristic of systems or situations that involves multiple interrelated parts, making them difficult to understand, predict, or manage.

Product Life Cycle

A model that describes the stages a product goes through from its introduction to the marketplace until its decline and eventual withdrawal. These stages typically include introduction, growth, maturity, and decline.

Promotional Mix

The blend of different marketing strategies (advertising, sales promotion, public relations, personal selling, and direct marketing) used to achieve marketing goals.

Decline

A decrease in the importance, quality, or performance of something, often observed in product life cycles or economic conditions.