Question: undefined Suppose (35) has a life distribution from the Ultimate Table (from the SOA exam). There is a whole-life insurance on (35) payable at end

undefined Suppose (35) has a life distribution from the Ultimate Table (from undefined

Suppose (35) has a life distribution from the Ultimate Table (from the SOA exam). There is a whole-life insurance on (35) payable at end of death year at level of 100,000. Payment schedule is intended to be a 5-year annuity-due with level payments contingent on (35). Assume i = 0.05. A) What is the expected present value of the benefits? B) What is the expected present value of payment schedule with level payments of 1 contingent on (35)? C) Using the equivalence principle, what are the level payments? Suppose (35) has a life distribution from the Ultimate Table (from the SOA exam). There is a whole-life insurance on (35) payable at end of death year at level of 100,000. Payment schedule is intended to be a 5-year annuity-due with level payments contingent on (35). Assume i = 0.05. A) What is the expected present value of the benefits? B) What is the expected present value of payment schedule with level payments of 1 contingent on (35)? C) Using the equivalence principle, what are the level payments

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