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Unformatted text preview: 1. Quiz 3
October 5, 2010 You are given that mortality follows the Illustrative Life Table with i = 0.06 . Calculate d—— .
63952:; 2. You are given: a. Mortality follows DeMoivre’s law with a) = 100 .
b. 6 = 3%. L is the loss random variable at issue for a fully continuous whole life insurance on (60) with
premiums determined based on the Equivalence Principle. Calculate the Var(L). VOA(L>Z 7““ éiéw ...
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- Fall '11