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A gambler is offered the chance to win $100 on a single coin toss if the coin lands on a head or $0 if it

A gambler is offered the chance to win $100 on a single coin toss if the coin lands on a head or $0 if it lands on a tail.

Which of the following statements is TRUE?

Select one or more:

a. They will pay $0 if risk averse.

b. They will pay $50 if risk neutral.

c. The maximum they should pay is $50.

d. The expected value of the gamble is $50.

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