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Question 53 (1 point) Pink purchased a segregated funds contract eight years ago, with a single deposit of $25,000. The policy offers a 75% maturity
Question 53 (1 point) Pink purchased a segregated funds contract eight years ago, with a single deposit of $25,000. The policy offers a 75% maturity and death benefit guarantee. No further deposits, or any withdrawals, were made after the initial date of the contract. Pink died this year at a time when the fair market value of the holdings under the contract was $16,250. How much would her sister, her named beneficiary under the contract, have received as a result of Pink's death? a $16,250 $25,000 $18.750 $0
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