Refer to Scenario 17.4. If the flood control system were not in place,
Refer to Scenario 17.4. If the flood control system were not in place, the insurer would not be willing to insure against the flood for any premium less than
A) $5,000.
B) $10,000.
C) $100,000.
D) $200,000.
E) $1,000,000.
ANSWER
B
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