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3. (10 points) Margaret is starting a life insurance company. She wants to insure only those people who would be very highly rated by other

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3. (10 points) Margaret is starting a life insurance company. She wants to insure only those people who would be very highly rated by other life insurance companies because they have health histories that means they are likely to die much sooner than the average life expectancy. Explain what she has to do in order to sell insurance policies to these people and make enough money to pay all claims as they occur and make a profit

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