Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 22-year-old female for $240. The probability that the female survives the year is 0.999619. Compute and...

Extracted text: Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 22-year-old female for $240. The probability that the female survives the year is 0.999619. Compute and interpret the expected value of this policy to the insurance company. .... The expected value is $. (Round to two decimal places as needed.) Which of the following interpretation of the expected value is correct? O A. The insurance company expects to make an average profit of $21.81 on every 22-year-old female it insures for 1 month. B. The insurance company expects to make an average profit of $163.80 on every 22-year-old female it insures for 1 year. O C. The insurance company expects to make an average profit of $239.91 on every 22-year-old female it insures for 1 year. D. The insurance company expects to make an average profit of $14.89 on every 22-year-old female it insures for 1 month. ООО О