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CalculationIntermediateVariant — group VG.IAS37.000006Published

Question · Best estimate, expected value and most likely outcome

A fire in a warehouse leased by Nestane damaged the premises of a neighbour, towards which Nestane is liable. The estimate of the repair works varies continuously between 1,150,000 and 1,410,000, with no amount more likely than another. What amount should be provided for?

Minimum estimate
1,150,000
Maximum estimate
1,410,000
Your answer

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