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A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 5% chance of returning
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 5% chance of returning $10,000,000 profit, a 41% chance of returning $3,500,000 profit, and a 54% chance of losing the million dollars. The second company, a hardware company, has a 8% chance of returning $10,000,000 profit, a 37% chance of returning $500,000 profit, and a 55% chance of losing the million dollars. The third company, a biotech firm, has a 14% chance of returning $11,000,000 profit, a 38% of no profit or loss, and a 48% chance of losing the million dollars. Order the expected values from smallest to largest.Order the expected values from smallest to largest. " third, second, first ' third, first, second ' first, second, third first, third, second second, first, third second, third, first
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