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Quiz 8 0 Suppose a contract provides Global Inc $500 in income. The probability that this contract causes environmental damage is B. If so, the
Quiz 8 0 Suppose a contract provides Global Inc $500 in income. The probability that this contract causes environmental damage is B. If so, the legal liability will be $4,000. If Global Inc. signs the contract and is risk neutral, what is the maximum value of B? A. 1/10 B. 1/8 C. 1/5 D. 1/4
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