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Listen Kim is the risk manager for a large organization. She is evaluating whether the organization should purchase a fire suppression system. She consulted a
Listen
Kim is the risk manager for a large organization. She is evaluating whether the organization should purchase a fire suppression system. She consulted a variety of subject matter experts and determined that there is a percent chance that a fire will occur in a given year. If a fire occurred, it would likely cause $ million in damage to the facility, which has a $ million value. Given this scenario, what is the exposure factor?
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