Question: Let denote the annual premium for a whole life contingent contract of benefit amount 10,000 issued to (30), and let L() denote the present

  1. Let denote the annual premium for a whole life contingent contract of

Let denote the annual premium for a whole life contingent contract of benefit amount 10,000 issued to (30), and let L() denote the present value of loss random variable for this con- tract. The interest rate is i=.06. Find the smallest value of such that Pr[L(x) > 0]

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