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The cost of risk is equal to: the value of the firm with risk minus the value of insurance. the cost of loss control plus

The cost of risk is equal to:

the value of the firm with risk minus the value of insurance.

the cost of loss control plus the cost of internal risk reduction.

the cost of direct losses that will be incurred by the firm due to the risk.

the value of the firm without risk minus the value of the firm with risk.

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