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A residential property has a replacement cost of $ 1 , 5 0 0 , 7 5 0 . A fire damages the property at
A residential property has a replacement cost of $ A fire damages the property at a cost of $ Insurance coverage is between Insurance Firm X $ and Insurance Firm Y $ Find the amount of the loss paid by each, assuming management had full coverage and a coinsurance clause.
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Firm X $ Firm Y $
Firm X $ Firm Y $
Firm X $ Firm Y $
Firm X $ Firm Y $
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