Question
Suppose you bet $30 on the number 12 in roulette. Should you win, you would win $125. Find the expected value if you bet $30
Suppose you bet $30 on the number 12 in roulette. Should you win, you would win $125. Find the expected value if you bet $30 on the number 12 in roulette. Round your final answer to the nearest cent.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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