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02-01-2023
Business

Answered

Consider two options: (A) you receive a guaranteed payment of $100; (B) a coin is tossed and if heads comes up, youwin nothing; if tails comes up, you win $200. The expected payoff for option A is:
a. $200
b. $100
c. $300
d. $75
e. There is not enough information to answer the

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