Pricing method | Exceedance level, \(\gamma\) (\(\alpha=5\%\)) | Premium, \(P(\tau_1,\tau_2)\) ($/ac) | Probability of loss,\(p(X<P(\tau_1,\tau_2))\) | Probability of gain,\(p(X>P(\tau_1,\tau_2))\) |

Burn analysis | 49.9465 | 11.6834 | 0.5032 | 0.4967 |

MCM | 41.8361 | 12.5524 | 0.3600 | 0.6399 |