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Form a group of 3-4 students. You may use Excel for this assignment Suppose you are working for the actuarial department within Go Green Insurance

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Form a group of 3-4 students. You may use Excel for this assignment Suppose you are working for the actuarial department within Go Green Insurance Company. Over the past year, your team has been developing three new insurance produets. Launching a new insurance product requires an initial investment today, and then will provide future cash flows. In order to launch Product X, the company needs to invest $100,000 at time t = 0, and it is expected to provide 10 annual end-of-year cash flows of Ct = 10,000+ 1,500(t-1) To launch Product Y, the company needs to investment $50,000 today, and it is expected that the product will provide 20 semi-annual end-of-period cash flows of Ct = 5,000(1.03) - 1 . To launch Product Z, the company needs to invest $25,000 today, and a second investment five years from now, of $50,000. It is expected that the product will provide 40 quarterly end-of-period cash flows of Ce = 4,000 Which insurance products should Go Green Insurance Company launch? Provide an actuarial

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