4. Comparing Premiums for Life Insurance Policies. Choose one stock and one mutual life insurance company. Obtain
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4. Comparing Premiums for Life Insurance Policies. Choose one stock and one mutual life insurance company. Obtain and compare premiums for
a. Term life insurance for $50,000.
b. Whole life insurance for $50,000.
c. Universal life insurance for $50,000.
Prepare a summary table indicating which policy you would consider and why. (Obj. 3)
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