Question: Given: (i) Z is the present value random variable for a whole life insurance of 1 payable at the end of the year of death.

Given: (i) Z is the present value random variable for a whole life insurance of 1 payable at the end of the year of death. (ii) Px = 0.94' for all t (ili) i = 0.07 Calculate Var(Z). O a. 0.05 BLT 0.06 O P. 0.06 BLT 0.07 O C. 0.09 BLT 0. 10 O d. 0.08 BLT 0.09 O e. 0.07 BLT 0.08

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