Question: Given a full policy, (1-p) = 0.7, I H = $6,000, I S = $2,000, r = $1,200. Is the policy fairor unfair? fair unfair

Given a full policy, (1-p) = 0.7, IH = $6,000, IS = $2,000, r = $1,200. Is the policy fairor unfair?

fair

unfair

more than fair

not enough information given to figure it out

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