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Question 1 of 2
1. Question
Which of the following is NOT a drawback of the liquidation of principal to produce survivor income?
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Question 2 of 2
2. Question
Bob wants to provide a $60,000 annual incometo Sharon for four years beginning two years after his death to enable her to return to the university and obtain a Ph.D. Assuming Bob and Sharon have no current life insurance or liquid assets, how much life insurance is needed to accomplish his objective assuming a 3% interest rate and liquidation of capital and interest?

