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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?

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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?

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