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| ,,,_., ,,_,,,,, , , ,, J Suppose a life insurance company sells a $270.000 one-year term life insurance policy to a 19-year-old female for

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| ,,,_., ,,_,,,,, , , ,, J Suppose a life insurance company sells a $270.000 one-year term life insurance policy to a 19-year-old female for $260. The probability that the female survives the year is 0.999553. Compute and interpret the expected value of this policy to the insurance company. The expected value is $D. (Round to two decimal places as needed.) Which of the following interpretation of the expected value is correct? 0 A. The insurance company expects to make an average prot of $12.66 on every 19-year-old female it insures for 1 month. 0 B. The insurance company expects to make an average prot of $259.88 on every 19-year-old female it insures for 1 year. Q C. The insurance company expects to make an average prot of $139.31 on every 19-year-old female it insures for 1 year. O D. The insurance company expects to make an average prot of $23.63 on every 19-yearold female it insures for 1 month

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