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Mrs. Taft owns a $150,000 Insurance policy on her husband's life. The policy's cash value is $125,000, and there is a $50,000 loan against it.
Mrs. Taft owns a $150,000 Insurance policy on her husband's life. The policy's cash value is $125,000, and there is a $50,000 loan against it. The Tafts' personal statement of finam amount as an Investment in life Insurance? Multiple Choice $150.000 O $100,000 $125,000 $75.000
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