Transcription of MAY 2007 SOA EXAM MLC SOLUTIONS - …
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MAY 2007 SOA EXAM MLC SOLUTIONS - …
MAY 2007 EXAM S. Broverman MAY 2007 SOA EXAM MLC SOLUTIONS1..$ (!(! # ("(!: : :p: *& *'%(" .B "!(: / /'("(&B..&(! (! %(" "!(: : : / ))* *& *' . Answer: E2. Z+< + E E X B l#BB#"$#Since the force of mortality is constant at , we have and .-E E BB#-- -# -$$Therefore, from , we get ,E $%%$ - !%# B- !) -and then .#BE #!(* !%## !) !%#Z +< + #!(* $%%$ "$ *' X B l#" !) # . Answer: B3. (since we are past the select period of 3 years, the insurance annuity&'& '& '!))))))))))
MAY 2007 EXAM © S. Broverman 2007 www.sambroverman.com 8. The expected number of points that Kira will score is Prob. that Kira gets to play Expected number of poi‚ nts Kira scores given that she starts to play
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