Refer to Scenario 17.4. If the flood control system were in place, the
Refer to Scenario 17.4. If the flood control system were in place, the firm could insure against a flood for an annual premium of
A) $5,000.
B) $10,000.
C) $100,000.
D) $200,000.
E) $1,000,000.
ANSWER
A
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