point(s) possible submit quiz cor K Suppose a life insurance company sells a $270,000 one-year term life insurance policy to a 23-year-old female for $240. The probability that the female survives the year is 0.999564. Compute and interpret the expected value of this policy to the insurance company cor cor The expected value is $ (Round to two decimal places as needed.) 689 Which of the following interpretation of the expected value is correct? O A. The insurance company expects to make an average profit of $21.81 on every 23-year-old female it insures for 1 month. O B. The insurance company expects to make an average profit of $11.12 on every 23-year-old female it insures for 1 month. O C. The insurance company expects to make an average profit of $122.28 on every 23-year-old female it insures for 1 year. O D. The insurance company expects to make an average profit of $239.90 on every 23-year-old female it due insures for 1 year. due Time Remaining: 00:37:42 Next