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For a continuous whole life insurance (Z = v7, T > 0), E[2] = 0.25. Assume the forces of mortality and interest are each constant.

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For a continuous whole life insurance (Z = v7, T > 0), E[2] = 0.25. Assume the forces of mortality and interest are each constant. Calculate Var(Z). (A) 0.04 (B) 0.08 (C) 0.11 (D) 0.12 (E) 0.19

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