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A beneficiary receives only the death benefit earnings in which settlement option Interest option.
An interest rate option is a financial derivative that allows the holder to profit from changes in interest rates. Interest rate options allow investors to speculate about interest rate trends. It is similar to stock options and can be either a put or a call.
Interest rate call options are derivatives in which the holder has the right to receive interest payments based on a floating rate and then pay interest payments based on a fixed rate. Interest Rate Option Fee
This is the daily fee for certain index interest rate options that are guaranteed to remain unchanged for managed index interest rate options and passive index interest rate options.
Learn more about interest here: https://brainly.com/question/2151013
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