Question: 4 - StowUrStuff Storage is located slightly below sea level in a coastal town. It could build and maintain a flood control system around its

4 - StowUrStuff Storage is located slightly below sea level in a coastal town. It could build and maintain a flood control system around its property at an annual cost of $1500, and if it did so, the probability of a flood's doing $1,000,000 in damage during the year would be .005. With no flood control system, the probability of such a flood would be .007. way of the flood control system were in place, the firm could insure against a flood for an annual premium of how much? 6) Without the flood control system in place, the firm could insure against a flood for an annual premium of how much? Should the firm invest in the flood control system

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