Solved: With opportunity you can gain 200k with probability 06 or, Business Economics

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With opportunity you can gain 200k with probability 06 or

You are offered 2 investment opportunities. With opportunity you can gain $200k with probability 0.6 or lose $100k with probability 0.4; you can gain $50 with probability 0.3 or gain nothing with probability 0.7.

Which investment opportubity do you choose?

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Business Economics: With opportunity you can gain 200k with probability 06 or

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Business Economics: With opportunity you can gain 200k with probability 06 or

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