ShakerMaker, Inc. experienced a cyber loss estimated to be $160,000 on November 30,2015. The company...
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ShakerMaker, Inc. experienced a cyber loss estimated to be $ on November The company did not have any cyber insurance coverage. If the company would have had cyber insurance, the loss would have been reduced by a $ recovery from the insurance company. The loss, after recovery of $ is considered a cash outflow of $ and the insurance policy if it had been purchased would have cost $ per month paid at the beginning of every month.
Using present values, determine the amount of the loss at January if the policy had been purchased at the beginning of the year:
A $
B $
C $
D None of the above.
Using the information above, calculate the amount of savings ShakerMaker, Inc would have had if the company had purchased the insurnace at the beginning of the year and the company recovered $ Make the comparisions as of Janurary :
A $
B$
C$
D None of the above
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