Suppose mortality rates were a constant 1% each year over the life of a pool of individuals. If the risk-free interest rate is 2% per annum with semiannual compounding, what is the minimum premium (that sets the PV of the policy to zero) for a 30-year insurance policy promising $1 million at death? Use the same assumptions about the timing of premiums and death as in problem 1. Hint: This problem should be easy. Because the mortality rate is the same each year of life, the future surpluses of the policy will all be the same