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A firm might be liable for $ 1 0 million if a lawsuit is brought against it . The firm judges that the probability the
A firm might be liable for $ million if a lawsuit is brought against it The firm judges that the probability the suit will be brought is In addition, it believes that its chance of winning such a suit in which case it owes $ is The firm's overall expected liability is:
$ million.
$ million.
$ million.
$ million.
$ million.
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