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Find the requested composition of functions.
-Given
Insurance Contracts
Contracts under which one party (the insurer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder if a specific uncertain future event adversely affects the policyholder.
Warranty Obligations
Liabilities recognized by a company to cover the costs of repairs or replacements for products sold within a specified warranty period.
Discount Rate
The interest rate used to discount future cash flows of a financial instrument to present value.
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