Question: case 3 : Bpi prospecting insurance (Bpi = Banque publique d'investissement (literally [French] Public Investment Bank , also known as Bpifrance , BPI Groupe S.A.

case 3 : Bpi prospecting insurance (Bpi = Banque publique d'investissement (literally [French] Public Investment Bank, also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank)

SOMMY has signed a prospecting insurance contract with the Bpi on the Moroccan market. Prospecting duration: 2 years

The company provides you the information in the table below:

(en EUR)

Prospecting budget

Actual expenditure

Export turnover

year 1

70 000

55 750

0

year 2

50 000

55 050

12 800

year 3

60 000

59 300

65 750

year 4

75 000

77 500

130 050

year 5

40 000

22 800

328 900

year 6

475 285

year 7

389 200

year 8

400 975

year 9

500 000

year 10

555 325

Calculate the net amount collected at the signature of the prospecting insurance contract.

Calculate the amount of indemnities received at the end of the prospection period.

Calculate the various repayments to the Bpi (RFM, quarterly payments, etc.).

What conclusion do you draw from this prospecting insurance as defined by the Bpi? Justify your answer.

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