Problem 4 Suppose your company has a building worth $450 million. Berause it is located in a high-risk area for natural disasters the probability of a total lossin any particular year is 1.5 peroent. What is your company's expected loss per year onthis building? Carbridge College- Flanning, Budgeting, and Forecasting Chapter 23 page 2 sample ol s Price quoton 15,000 a, cants pur b. trke Price 1.7 9.1 4.1 1.7 187 1.7 51.1 48.1 05 10 1.7 287 21.7 1.95 7,8 415 11.88 7,6 25 3.15 9.06100 184 1.55 6 25 204 31.1 3145 2 334 06 3 4 56 06 54 06 04 06 794 Open Intarest 9,165 7,147 Problem 4 Suppose your company has a building worth $450 million. Berause it is located in a high-risk area for natural disasters the probability of a total lossin any particular year is 1.5 peroent. What is your company's expected loss per year onthis building? Carbridge College- Flanning, Budgeting, and Forecasting Chapter 23 page 2 sample ol s Price quoton 15,000 a, cants pur b. trke Price 1.7 9.1 4.1 1.7 187 1.7 51.1 48.1 05 10 1.7 287 21.7 1.95 7,8 415 11.88 7,6 25 3.15 9.06100 184 1.55 6 25 204 31.1 3145 2 334 06 3 4 56 06 54 06 04 06 794 Open Intarest 9,165 7,147