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32

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32. To qualify for Medicare, the federal health insurance, a U.S. citizen must A. be age 65 or older. B. have been on disability for at least the previous 24 months. C. have no living descendants. D. A and B and C. E. A and B. 33. Liability insurance cost for a given business varies with A. the risk level associated with a given business. B. the amount of damages that could be paid in a typical law suit that the business could be involved with. C. the prime rate in effect on the date the policy is obtained. D. A and B. E. A and B and C. 34. is a potential type of "investment vehicle." A. Real estate B. Mutual funds C. Collectibles D. Common stock E. A and B and C and D 35. The corporate bonds issued by XYZ Corporation have a par or face value of $1,000. The current market value of this bond is $825.00. XYZ Corporation's bonds are currently selling at a A. discount. B. premium. C. par value. D. fixed value. 36. Each of the following is a factor that can affect the market value of a share of common stock EXCEPT A. supply and demand for these stock shares. B. actual earnings and anticipation of earnings by the firm that issued the stock shares. C. the average age of the members of the firm's Board of Directors.

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