In Most States All but One of the Following Factors

question 71

Multiple Choice

In most states all but one of the following factors may be used to determine you auto insurance premium.Which is the correct answer?

• A)Place of residence
• B)Age
• C)Gender
• D)Driving record
• E)All of the above are generally used to determine your auto insurance premium.

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Definitions:

Long-Term Bonds

Debt securities with an original maturity of more than a decade, offering the potential for higher yields in return for longer exposure to interest rate risk.

Short-Term Bonds

Bonds with maturities typically less than five years, offering lower risk and lower return potential compared to longer-term bonds.

Coupon Rate

The interest rate paid yearly on a bond, expressed as a percentage of its face value.

Market Value

The rate at which a service or asset is presently traded in the market.