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Janice insured a building valued at $200,000 for $150,000 under a property insurance policy that included an 80 percent coinsurance provision. If a $32,000 insured
Janice insured a building valued at
$200,000
for
$150,000
under a property insurance policy that included an 80 percent coinsurance provision. If a
$32,000
insured loss occurs, how much will Janice collect from her insurer, assuming no deductible?\ A.
$30,000
\ B.
$32,000
\ C. nothing\ D.
$25,000
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