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A policy pays 100% of losses from 500 to 1000. In other words, if a loss occurs for less than 500, no payment is made. If a loss occurs which exceeds 1000, no payment is made. However, if a loss occurs which is between 500 and 1000, then the entire amount of the loss is paid. Calculate E(YP). Title: 1 Author: Jeff Beckley Last modified by: ................
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