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An investor is considering a $ 10,000 investment in a start-up company. She estimates that she has probability0.40 of a$ 22,600 loss, probability0.29 of a$
An investor is considering a
$
10,000
investment in a start-up company. She estimates that she has probability0.40
of a$
22,600
loss, probability0.29
of a$
10,700
profit, probability0.18
of a$
50,000
profit, and probability0.13
of breaking even (a profit of$
0
). What is the expected value of the profit?
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