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An investor is looking at two projects, project A and B . Project A pays $ 2 4 , 0 0 0 with prob. 0

An investor is looking at two projects, project A and B. Project A pays $24,000 with prob. 0.6 and $50,000 with prob. 0.4, while project B pays $15,000 with prob. 0.5 and $X with prob. 0.5. If the two projects have the same expected value, what is X?

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