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STC Series 66 Exam 04B exam questions and answers.
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STC Series 66 Exam 04B exam questions and answers.
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STC Series 66 Exam 04Bexam questions and answers
The separate account of the variable life policy that Tom Jones
bought is performing poorly. Does this have any influence on his
death benefit? - answer Yes, but it could never drop below the
fixed minimum
A loss from a limited partnership's operations is passed through to a
limited partner. On the limited partner's personal tax return, this
loss: - answer Is considered a passive loss and may only be
deducted against passive income
The fact that it is better to receive $1 today and invest it, as
opposed to receiving $1 at some point in the future, reflects the: -
answer Time value of money
Under which of the following circumstances will the payout from a
variable annuity increase? - answer The performance of the
separate account exceeds the AIR
For a single parent who has a low income and wants to protect her
child in the event of her death, what's the best policy? - answer
Term Life
Which of the following statements is TRUE in relation to the buyer of
a call option? - answer The investor has limited risk
Which of the following is TRUE regarding management companies? -
answer Investors will liquidate open-end fund shares at their NAV,
but closed-end fund shares may be liquidated below their NAV
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