IIA
IIA-CFSA · Question #106
If participation rate in an equity indexed entity is 80% and the index increases 9%, the return credited to the annuity would be:
The correct answer is B. 7.2%. See the full explanation below for the reasoning.
Question
If participation rate in an equity indexed entity is 80% and the index increases 9%, the return credited to the annuity would be:
Options
- A7.1%
- B7.2%
- C7.25%
- D7.3%
How the community answered
(46 responses)- A4% (2)
- B74% (34)
- C7% (3)
- D15% (7)
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