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A stock DEF has the following payoffs probabilities: Probability 0.3 0.45 0.25 Payoff $50 $75 $90 What is the Expected Payoff to the stock?
A stock DEF has the following payoffs probabilities:
Probability | 0.3 | 0.45 | 0.25 |
Payoff | $50 | $75 | $90 |
What is the Expected Payoff to the stock?
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