Sentences with phrase «accrue after the second year»
If the premium paying term is less than 10 years, the guaranteed surrender value of at least 30 % of the total premium paid will accrue after the second year.
https://securenow.in/ Not exact matches
Suppose further that after ten years, the revised issue price of the bond using the constant interest rate method is 70 (the original issue price of 50 plus 20 points of accrued OID) and the investor sells the bond to a second investor at a price of 60.