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Life Settlement
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DEFINITION OF PROBABILISTIC MODELING

A probabilistic model analyzes the probability of all potential outcomes and provides a value based on the expected cost or benefit in each year. Since the probability of all the outcomes eventually is 100%, the value can be determined while analyzing the timeline of payments in its entirety. This approach differs from Deterministic Pricing, which analyzes cost/benefit up until a certain point in the future (before all possible outcomes are reached).

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