Business Studies, asked by sanjayyadavsanjay058, 6 months ago

what is premium and why it's needed​

Answers

Answered by raviwanje155
6

Answer:

Key Takeaways. Premium can mean a number of things in finance—including the cost to buy an option. Premium is also the price of a bond above its issuance price. Premium is also considered the periodic payment required for insurance coverage.

Explanation:

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Answered by pritika020407
1

Premium can mean a number of things in finance—including the cost to buy an option. Premium is also the price of a bond above its issuance price.

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