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The course: Risk Management & Insurance. Which of the following statements is true of book value? A. It's often relevant for risk management purposes. B.

The course: Risk Management & Insurance.

Which of the following statements is true of book value?

A. It's often relevant for risk management purposes. B. It's often used for pricing insurance. C. It's based on historical cost. D. It has little or no correspondence to economic value.

FYI, the answer is not C.

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