Question: How are mortality cost calculated? Question 15 options: Mortality costs = Death benefit x probability of death in year Mortality costs = Death benefit x

How are mortality cost calculated? Question 15 options: Mortality costs = Death benefit x probability of death in year Mortality costs = Death benefit x probaility of death in year - investment costs Mortality costs = Operating costs - investment income Mortality costs = Gross premium + mortality costs + operating costs - investment income

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