Bissoy.com
Doctors Medicines MCQs Q&A

  1. Lower the interest rate assumed, lower the premium
  2. Higher the interest rate assumed, higher the premium
  3. Higher the interest rate assumed, lower the premium
  4. The interest rates don’t affect premiums
14 views

1 Answers

Answer: Option 3

Higher the interest rate assumed, lower the premium. In other words the higher the rate of interest assumed, the lower the present value.

14 views

Related Questions