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Paul is the owner of a $ 2 5 0 , 0 0 0 life insurance policy, and he subsequently borrowed $ 1 5 ,

Paul is the owner of a $250,000 life insurance policy, and he subsequently borrowed $15,000 from it to go on a trip around the world. However, he was killed in a cruise ship accident while traveling. His beneficiary will therefore receive how much excluding any unpaid interest?
a. $250,000
b. $265,000
c. $235,000
d. $0
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