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Business, 03.05.2021 15:10 hannah396

Leia is considering insuring against theft the new $300 CD-player she just installed in her automobile. Her insurance agent tells her that such an option could be added to her present policy for $30 per year. The agent further states that the probability of theft is 0.2 in a given year. If she takes the insurance, what is her expected return per year

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