A 40-year-old man in the U.S. has a 0.244% risk of dying during the next year .

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Question:

A 40-year-old man in the U.S. has a 0.244% risk of dying during the next year . An insurance company charges $260 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the next dollar.