1. The effect of a stop loss provision in a health insurance policy is to:
A. Limit the lifetime benefit payable under the policy B. Put a cap on annual benefits that will be paid C. Provide for the coordination of benefits if the insured has health insurance under more than one policy D. Limit the insured’s annual out-of-pocket expenses for the deductible and coinsurance
2. What it is spirit airlines' target market?
3. Compute the IRR static for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project E Time: 0 1 2 3 4 5 Cash flow –$3,300 $1,030 $990 $860 $640 $440.