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Alexandra Cunningham of College Park, Maryland, has a $100,000 participating cash value policy written on her life. The policy has accumulated $4700 in cash value; Alexandra has borrowed $3000 of this value. The policy also has accumulaed unpaid dividends of $1666. Yesterday Alexandra paid her premium of $1200 for the coming year. What is the current death benefit from this policy?

Financial Management, Finance

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