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Mark owns a building that he insured for $100,000. The replacement cost of the building is $112,500. Mark's property insurance policy has an 80% coinsurance

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Mark owns a building that he insured for $100,000. The replacement cost of the building is $112,500. Mark's property insurance policy has an 80% coinsurance clause and no deductible. If Mark's building is destroyed by a covered peril, how much will Mark receive from his insurer? $80,000 $90,000 $100,000 $112,500

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