3. [7 Points] For a 2-year select and ultimate mortality model, you are given: = 9[x]+1 = 0.959x+1 151 = 98,000 = 97,500 152 = (a) [3 Points] Explain the link between underwriting and select mortality. Include in your explanation why select periods have a limited number of years. (b) [4 Points] Calculate l[50]+1. 3. [7 Points] For a 2-year select and ultimate mortality model, you are given: = 9[x]+1 = 0.959x+1 151 = 98,000 = 97,500 152 = (a) [3 Points] Explain the link between underwriting and select mortality. Include in your explanation why select periods have a limited number of years. (b) [4 Points] Calculate l[50]+1