You purchase a 10000 life insurance policy for a single


You purchase a $100,00 life insurance policy for a single payment of $35,000. If you want to earn 9 percent on invested funds, how soon must you die for the policy to have been the superior alternative? If you die within ten years, what is the return on investment in life insurance?

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Financial Management: You purchase a 10000 life insurance policy for a single
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