Answer:
The value corresponding to surviving the year is $ -178
The value corresponding to not surviving the year is $ 80000
Step-by-step explanation:
If the male survives, he will pay $178 to the insurance company, and if the male doesn't survive, he will receive $80,000. So, from the male perspective, we have:
The value corresponding to surviving the year is $-178
The value corresponding to not surviving the year is $80,000