Question: Consider the land valuation data provided in the table below which shows how the benefits and cost of land use are impacted by a catastrophic

Consider the land valuation data provided in the table below which shows how the benefits and cost of land use are impacted by a catastrophic wind storm: No Storm ((90%) Storm (10%) Benefits $2,000 $0 Costs $1,500 $1,500 Net Benefits Assuming a 5 percent interest rate, what is the expected price for land? O $10,500 O $6,300 O $300 O $2,000Question 12 0 1' 1 ms Consider the previous land valuation question again. Suppose government subsidizes the insurance premium by 75 percent. What is the value of land? 3.3 so

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