Question: 7. (10 points) Let Y be the present value random variable of a 10-year life annuity due on (40 You are given the following information:

7. (10 points) Let Y be the present value random variable of a 10-year life annuity due on (40 You are given the following information: (12) A40:10 = 0.615070 A40 0.12106 Aso 0.18931 i = 0.05 = It is assumed that mortality follows the UDD assumption for fractional ages. (a) [6 Points] Calculate 10E40 7. (10 points) Let Y be the present value random variable of a 10-year life annuity due on (40 You are given the following information: (12) A40:10 = 0.615070 A40 0.12106 Aso 0.18931 i = 0.05 = It is assumed that mortality follows the UDD assumption for fractional ages. (a) [6 Points] Calculate 10E40

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