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A stock DEF has the following payoffs probabilities: Probability 0.2 0.5 0.3 Payoff $100 $130 $200 What is the Expected Payoff to the stock?
A stock DEF has the following payoffs probabilities:
Probability | 0.2 | 0.5 | 0.3 |
Payoff | $100 | $130 | $200 |
What is the Expected Payoff to the stock?
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