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A research and development project at your company has a 20% chance of producing a breakthrough worth $2 million, a 50% chance of producing a

A research and development project at your company has a 20% chance of producing a breakthrough worth $2 million, a 50% chance of producing a minor achievement worth $100,000, and a 30% chance of coming up with nothing at all. What is the most you should be willing to spend on this project?

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