[Solved] A contract pays $ 2 , 0 0 0 . There is al

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A contract pays $ 2 , 0 0 0 . There is also a 4 0 % / 2 0 % chance of an additional

A contract pays $

2, 000 .

There is also a

40 % / 20 %

chance of an additional $

500 / 600

pay. The transcation price using the expected value is

?

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