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Exercise 6.10 For a whole life insurance with sum insured $150 000 paid at the end of the year of death, issued to (x), you
Exercise 6.10 For a whole life insurance with sum insured $150 000 paid at the end of the year of death, issued to (x), you are given: (i) Ar = 0.0143, (ii) Ar = 0.0653, and (iii) the annual premium is determined using the equivalence principle. Calculate the standard deviation of Lo. Exercise 6.10 For a whole life insurance with sum insured $150 000 paid at the end of the year of death, issued to (x), you are given: (i) Ar = 0.0143, (ii) Ar = 0.0653, and (iii) the annual premium is determined using the equivalence principle. Calculate the standard deviation of Lo
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