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    The document discusses various financial instruments including short selling stock, municipal notes, variable annuities, and lifetime income riders. It also mentions credit spreads where the maximum gain is the credit received. Finally, it includes an equation for calculating taxable income.

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    The document discusses various financial instruments including short selling stock, municipal notes, variable annuities, and lifetime income riders. It also mentions credit spreads where the maximum gain is the credit received. Finally, it includes an equation for calculating taxable income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    Notes Exams

    Uploaded by

    BAnne Label
    The document discusses various financial instruments including short selling stock, municipal notes, variable annuities, and lifetime income riders. It also mentions credit spreads where the maximum gain is the credit received. Finally, it includes an equation for calculating taxable income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Stop stock

    Deposit selling short stock 2500 minimum?

    Strip

    Gifts by to representatives

    Variable annuity

    Idr municipal note

    Lifetime income rider

    On a Credit spread – max gain is credit received

    TEY = x* (100-28)

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