Tyler bought 100 stocks of a company that had positive growth potential. he bought them in the secondary market for $15. however the stock certificate shows the value to be $10. what does this amount represent? the value of $10 showing on the stock certificate is the value.

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value