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Contrast the balance sheet of a life insurance company (Table 6-3) with the balance sheet of a commercial bank (Table 2-5) and that of a

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Contrast the balance sheet of a life insurance company (Table 6-3) with the balance sheet of a commercial bank (Table 2-5) and that of a savings institution (Table 2-9). Explain the balance sheet differences in terms of the differences in the primary functions of the three organizations. Contrast the balance sheet of a life insurance company (Table 6-3) with the balance sheet of a commercial bank (Table 2-5) and that of a savings institution (Table 2-9). Explain the balance sheet differences in terms of the differences in the primary functions of the three organizations

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