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3 . If the insurance company becomes insolvent after the first 10 years , what would be the present value of the cash flows collected

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3 . If the insurance company becomes insolvent after the first 10 years , what would be the present value of the cash flows collected through year 10 ( use 896 discount rate ) ? Alternative 1: $335, 504.07 Alternative 2: $750, 000 Alternative 3: $167, 752.03

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