Which of the following statements is (are) true with respect to variab
Which of the following statements is (are) true with respect to variable annuities?
I. The price at which accumulation units can be purchased fluctuates during the funding period.
II. The value of annuity units fluctuates over time.
A) I only
B) II only
C) both I and II
D) neither I nor II
ANSWER
Answer: C
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