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An insurer sells a policy today for which the expected

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Subject: Business / Finance
Due on: 01/11/2017
Posted On: 01/11/2017 08:08 AM
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An insurer sells a policy today for which the expected end-of-year claim cost is $200. It can invest the policy proceeds at a rate of 7 percent per year. What is the discounted expected claim cost?
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An insurer sells a policy today for which the expected

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