Given: i. (45) purchases a fully-continuous 10-year term life insurance policy. ii. Mortality follows UDD with = 120. iii. The benefit amount is $250,000. iv. Premiums are payable continuously for the first 5 years of the policy. v. Initial expenses are equal to 10% of the first year premium. vi. Renewal expenses are 2% of all premiums, including first year. Determine the gross premium for this policy.