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4. You buy a lottery ticket for $1. The odds of winning the lottery is 2%: #you win then you get a cash prize, otherwise

4. You buy a lottery ticket for $1. The odds of winning the lottery is 2%: #you win then you get a cash prize, otherwise you pet nothing. What is the breakeven prize amount? A) 51 B) $2 C) $50 D) $100

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