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Business, 13.06.2020 01:57 gabflips7267

The annual premium for a $ 15,000 insurance policy against the theft of a painting is $ 250 250. If the (empirical) probability that the painting will be stolen during the year is 0 . 02 .02, what is your expected return from the insurance company if you take out this insurance?

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The annual premium for a $ 15,000 insurance policy against the theft of a painting is $ 250 250. If...
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