Question
Shaan and Anita are married and have two children, ages 2 and 8. Anita is a nonworking spouse who devotes all of her time to
Shaan and Anita are married and have two children, ages 2 and 8. Anita is a nonworking spouse who devotes all of her time to household activities. Estimate how much life insurance Shaan and Anita should carry. Insurance need ?
I do the math (18 - 2 (the youngest age))x 10,000= 160,000. But it's INCORRECT. Please help. Thank you!
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Listed Volatility And Variance Derivatives
Authors: Yves Hilpisch
1st Edition
1119167914, 978-1119167914
