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An insured owns a $ 5 0 , 0 0 0 whole life policy. At age 4 7 , the insured decides to cancel his

An insured owns a $50,000 whole life policy. At age 47, the insured decides to cancel his policy and exercise the extended term option for the policy's cash value, which is currently $20,000. What would be the face amount of the new term policy?
A. $25,000
B. $20,000
C. $50,000
D. The face amount will be determined by the insurer.
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