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Julia Baker died, leaving to her husband Brent an insurance policy contract that provides that...

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Accounting

Julia Baker died, leaving to her husband Brent an insurance policy contract that provides that the beneficiary (Brent) can choose any one of the following four options

(a) $55,000 immediate cash

(b) $4,000 every 3 months payable at the end of each quarter for 5 years

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