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Alexandra Cunningham of Gardner, Massachusetts, has a $120,000 participating cash-value policy written on her life. The policy has accumulated $4,400 in cash value; Alexandra has

Alexandra Cunningham of Gardner, Massachusetts, has a $120,000 participating cash-value policy written on her life. The policy has accumulated $4,400 in cash value; Alexandra has borrowed $2,700 of this value. The policy also has accumulated unpaid dividends of $1,083. Yesterday Alexandra paid her premium of $1,500 for the coming year. What is the current death benefit from this policy?

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