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Surrender value factor is 19%?

What is the surrender value, if the sum assured is Rs. 100,000/-, DOC is 01/01/1997, endowment with profit 25 years, due date of last premium paid 01/01/2010. Premium to be paid semi-annually. Accrued bonus is 500 per thousand of SA.

Surrender value factor is 19%?

A. 23750

B. 21565

C. 15010

D. 12825

Answer: C

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