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| rev | Admin | (Created page with "On July 15, 2017, XYZ Corp buys fully discrete whole life insurance policies of 1,000 on each of its 10,000 workers, all age 35 . It uses the death benefits to partially pay the premiums for the following year. You are given: (i) Mortality follows the Standard Ultimate Life Table (ii) <math>\quad i=0.05</math> (iii) The insurance is priced using the equivalence principle Calculate XYZ Corp's expected net cash flow from these policies during July 2018. <ul class="mw...") | Jan 19'24 at 2:12 | +577 |