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Question 9 2 pts An art collector has a collection worth $125,000, and the collector has inquired about fully insuring her collection using the insurance

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Question 9 2 pts An art collector has a collection worth $125,000, and the collector has inquired about fully insuring her collection using the insurance company Rock Solid, Inc. The company estimates that with prob. 0.10, the collection will suffer damages and only be worth $55,000. In this case, a fair price for the insurance premium would be? $5,000 $5,500 $7,000 $12,500

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