You invest in a stock. You have a 40% chance of losing $1200, 10% chance of losing $600, 20% chance of making $600, 5% chance of making $1200 and 25% chance of making $2400. Calculate your expected earnings or losses. Include the dollar symbol when entering the answer. (EX: $100)
You invest in a stock. You have a 40% chance of losing $1200, 10% chance of
losing $600, 20% chance of making $600, 5% chance of making $1200 and 25% chance of making $2400. Calculate your expected earnings or losses. Include the dollar symbol when entering the answer. (EX: $100)
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