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An insurance company charges a 40-year-old man $270 per year for a life-insurance policy that pays a $100,000 upon death. A 40-year-old man in

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An insurance company charges a 40-year-old man $270 per year for a life-insurance policy that pays a $100,000 upon death. A 40-year-old man in the U.S. has a 0.27% risk of dying during the next year. (Note that 0.27% 0.27 100 0.0027.) What is the insurance company's expected profit when it sells many of these policies? Round your answer to the nearest cent (two decimal places.) per policy Submit Question

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