A firm has the following probability distribution for annual losses due to vandalism: Loss Amount Probability $0 0.65 $5,000 0.30 $10,000 0.05 The firm is considering three options: 1. Partial Insurance > Face amount = $5,000; Premium = $2,000 2. Deductible Insurance > Face amount = $10,000; Deductible = $500; Premium = $2,500 3. Full Insurance > Face amount = $10,000; Premium = $2,800 Derive the loss matrix for the firm. Simply copy and paste the below loss matrix template (if you want) into your answer box > and then fill out the loss matrix accordingly. Complete the loss matrix to then Calculate the Expected Cost of each option? (3 points) O I q N. 67 A firm has the following probability distribution for annual losses due to vandalism: Loss Amount Probability $0 0.65 $5,000 0.30 $10,000 0.05 The firm is considering three options: 1. Partial Insurance > Face amount = $5,000; Premium = $2,000 2. Deductible Insurance > Face amount = $10,000; Deductible = $500; Premium = $2,500 3. Full Insurance > Face amount = $10,000; Premium = $2,800 Derive the loss matrix for the firm. Simply copy and paste the below loss matrix template (if you want) into your answer box > and then fill out the loss matrix accordingly. Complete the loss matrix to then Calculate the Expected Cost of each option? (3 points) O I q N. 67