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Please solve for 1 and 2. Please show your work. Please explain your reasoning. You are a risk consultant to a financial institution. Your client

Please solve for 1 and 2.
Please show your work.

Please explain your reasoning.

You are a risk consultant to a financial institution. Your client asks you to respond to the following two questions: 1) What are the two common factors for firms to have large losses? 2) List and discuss at least four actions you recommend the client to take to avoid risk management mistakes

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