Question: 1
Pension Benefit Guarantee Corporation (PBGC) insures ''Defined benefit plan'', so employees assume _____________ for any option they contribute.
Question: 2
Banks also serves as ''registrar'' for stocks and bond issues. The registrar accounts for all shares issued, certificates outstanding, and Certificates cancelled. The role/s of the registrar is/are:
Question: 3
The ''combined ratio'' of an insurance company is the ratio from combining which of the following?
1. The ''loss ratio.''
2. The ''other underwriting expense ratio.''
3. The ''expense ratio.''
4. The ''IBNR.''
Question: 4
A UIT typically issues redeemable securities (or ''units''), like a mutual fund, which means:
Question: 5
Overall ''market risk'' poses the greatest potential danger for investors in ____________.