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8 December, 10:58

The separate account that the insurance company maintains for a variable annuity is: A directly invested in common stocks B invested in Legal List securities only C invested in designated mutual funds D invested in U. S. Government guaranteed securities

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  1. 8 December, 11:12
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    B

    Explanation:

    The separate account that the insurance company maintains for a variable annuity is invested in Legal List securities only.
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