Oxnard Petro Limited is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the

Question

Oxnard Petro Limited is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure ($330 million) is 35. the probability of total loss of the facility ($830 million) is 35, and the probability of no loss is 30.
Find the expected loss. (Input the amount as a positive value.)
Expected Loss

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