Why manufacturer guarantees the computer for one year only

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Reference no: EM1360493

Risk Analysis: You are buying a new laptop computer worth about $1,500 and the salesperson offers you a two-year extension of the manufacturer's warranty. The manufacturer guarantees the computer for one year only. The cost of the extended warranty is $150. Analyze this proposition using the concepts you learned in the module on risk analysis.

Reference no: EM1360493

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