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2. Assume that all of the life insurance policies listed below are sold by the same life insurer, and have the same expense and mortality

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2. Assume that all of the life insurance policies listed below are sold by the same life insurer, and have the same expense and mortality rates. Each policy also has a $100,000 face value. Which of these, sold to a 25 year old male, should be least expensive first year annual premium? a. yearly renewable term life b. life paid up at age 65 b. whole life d. 20 pay life

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