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PROBLEM 4: CLASSROOM ACTIVITY 1. On January 1, 20x1, ABC Co. insured the life of one of its key management personnel for P10,000,000. ABC Co.

PROBLEM 4: CLASSROOM ACTIVITY 1. On January 1, 20x1, ABC Co. insured the life of one of its key management personnel for P10,000,000. ABC Co. is the beneficiary. The insurance policy requires annual p...

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