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Suppose your company has a building worth $320 million. Because it is located in a high-risk area for natural disasters, the probability of a total
Suppose your company has a building worth $320 million. Because it is located in a high-risk area for natural disasters, the probability of a total loss in any particular year is 1.2 percent. What is your company's expected loss per year on this building? (Enter your answer as a positive value in dollars, not millions of dollars, e.g., 1,234,567.) Expected loss
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