Consider a whole life insurance with sum insured $1 payable a the end of the year of death, issued to a life aged x. Further consider the following alternative assumptions: A) The interest rate is 2% for the first 10 years, and 6% thereafter. B) The interest rate is 4% from the beginning and does not change. Which of the following statements about the expected present value (EPV) of the whole life insurance is true? The EPV under Assumption A will always be smaller than under Assumption B. The EPV under Assumption A will always be the same as under Assumption B. The EPV under Assumption B will always be smaller than under Assumption A. There isn't sufficient information to be able to