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Duong owns a universal life (UL) policy with a death benefit of $200,000 and account value of $38,000. The annual mortality deduction that applies under

Duong owns a universal life (UL) policy with a death benefit of $200,000 and account value of $38,000. The annual mortality deduction that applies under the level cost of insurance (LCOI) costing is $850 and the surrender multiple is 3. How much would Duong receive if he surrenders his policy today? A. $0 B. $35,450 C. $38,000 D. $2235,450

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