A manufacturing company is launching a new consumer product. The manufacturing company is considering taking out an insurance policy to cover possible losses incurred by marketing the new product. If the product is a complete failure, the manufacturing company will incur a loss of $80,000. If the product is only moderately succesfull, the manufacturing companys loss is estimated to be $25,000. At the insurance company, insurance acturaries have determined that the chances that the product would be a complete failure or only moderately succesfull are 0.01 and 0.05, respectively. a) What premium should the insurance company charge the manufacturing company for a policy to insure the marketing campaign, in order to make an expected profit of $1,000? b) Using the answer in part A, compute the standart deviation of the insurance companys net cash flow.