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2. In practice, however, the premium is not always paid when the policy is underwritten; for insurances are frequently effected by brokers, and open accounts are kept between them and the underwriters, in which they make themselves debtors for all premiums;, and sometimes notes or bills are ...
Discount & Premium Bonds | Definition, Advantages & Disadvantages 6:41 5:11 Next Lesson How to Record the Retirement of Bonds Using Debt-Related Financial Ratios 5:14 Ch 11. Reporting & Analyzing Equity in... Ch 12. Statement of Cash Flows in... Ch 13. Financial Statement Analysis...
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