Question 23 Not yet answered Points out of 3.00 p Flag question Assume a life insurance company sells 100,000 one-year term life policy paying $100,000 to beneficiaries of thirty-year-old males. According to the Mortality Table, t probability of death within one year for thirty-year-old males is o.001428. What shall the break-even insurance premium per $100,000 policy charged by the insurer? Assume the interest rate is 6% per annum with semiannual compounding and premiums are paid once a year at the beginning of the year. Assume the payout occur halfway through the year. Select one: O a. $14.28 O b. $152.90 O c. $142.8 O d. $138.64 O e. $148.45