객관식
Which benefit is available in an equity-indexed annuity, but not in a fixed annuity?
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7. Receivables and Investments
Introduction to Investments in Securities
객관식
Which of the following statements is true regarding an annuitant in the context of investments in securities?
A
An annuitant is the individual who receives periodic payments from an annuity contract.
B
An annuitant is the entity that guarantees the repayment of bonds.
C
An annuitant is the person who manages a mutual fund portfolio.
D
An annuitant is the company that issues shares to the public.
검증된 단계별 안내1
Step 1: Understand the term 'annuitant' in the context of investments. An annuitant is the individual who receives periodic payments from an annuity contract. An annuity is a financial product that provides regular payments over a specified period, often used for retirement income.
Step 2: Analyze the options provided in the question. The first option states that an annuitant receives periodic payments from an annuity contract, which aligns with the definition of an annuitant.
Step 3: Evaluate the other options. The second option refers to an entity guaranteeing bond repayment, which is unrelated to the concept of an annuitant. The third option mentions managing a mutual fund portfolio, which is the role of a fund manager, not an annuitant. The fourth option describes a company issuing shares, which is unrelated to annuities.
Step 4: Confirm that the correct answer is the first option, as it accurately describes the role of an annuitant in the context of investments in securities.
Step 5: Conclude that understanding financial terminology is crucial for distinguishing between different roles and entities in investment contexts.
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