Calculate this years cost to your company

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Reference no: EM133557641

To hedge your company's risk exposure, you are buying reinsurance from another insurance company just in case some of your policy holders die early. Below is a table of rates, by gender, of term life insurance for $10,000 of insurance PER YEAR. Calculate this year's cost to your company of hedging your policy risk by buying reinsurance. Be sure to ROUNDDOWN the number of units you will need to buy for each individual since the reinsurance is only sold in whole unites of $10,000. Format cells nicely (keep 2 decimals).

Reference no: EM133557641

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