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papahomer papahomer
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6 years ago
Which of the following is a consequence of transferring risk to an insurance company?
A) An increase in stock value because risk has been reduced.
B) A guaranteed small loss in exchange for protection against large losses.
C) Higher rates of return because the firm is now free to pursue high-risk projects.
D) Protection against losses at no significant cost to the firm.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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6 years ago
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