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Audrey's universal life insurance policy is a modified endowment contract. She paid $ 2 0 , 0 0 0 in net premiums for the policy,
Audrey's universal life insurance policy is a modified endowment contract. She paid $ in net premiums for the policy, which has a cash value of $ Assuming she never previously took a distribution from the policy, how much would she be required to include in her income if she took a policy loan of $
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