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In KYC E1, we examined the relationship between age and life expectancy. Challenger has a perpetual annuity product that pays the policyholder an annual payment

In KYC E1, we examined the relationship between age and life expectancy. Challenger has a perpetual annuity product that pays the policyholder an annual payment for as long as they are alive. How can age-based life expectancy help Challenger price this product?

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