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You have a friend, John Wayne, who is planning a trip to Las Vegas. He plans to contact his agent and obtain a policy on

You have a friend, John Wayne, who is planning a trip to Las Vegas. He plans to contact his agent and obtain a policy on the risk of losing his money at the blackjack table.What will you tell John about being able to purchase such a policy?What are several methods that John can choose to manage his risk exposure in Las Vegas?

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