1. For a price of $100,000 you buy a business for which you have calculated a net present value of $150,000. In so doing, what value have you "immediately" created?
A. $0
B. $50,000
C. $100,000
D. $150,000
2. A "reverse mortgage" is a bet by a life insurer that the person insured will die sooner rather than later.
A. True
B. False