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Suppose a life insurance company sells a $290,000 one-year term life insurance policy to a 20-year-old female for $190. The probability that the female survives

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Suppose a life insurance company sells a $290,000 one-year term life insurance policy to a 20-year-old female for $190. The probability that the female survives the year is 0.999644. Compute and interpret the expected value of this policy to the insurance company. The expected value is $. (Round to two decimal places as needed.)

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