Dividends from a stock company are paid to stockholders, whereas in a mutual company, dividends are

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Dividends from a stock company are paid to stockholders, whereas in a mutual company, dividends are

reinvested as capital gains, used to reduce rates for policyowners

paid quarterly to corporate officers in the form of a bonus

paid to the policyowners

paid to both the policyowners and shareholders

Answer: paid to the policyowners

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