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Frank is considering moving to Denver. There is a 90 percent chance that he will find a job that pays $4,000 more than what he

Frank is considering moving to Denver. There is a 90 percent chance that he will find a job that pays $4,000 more than what he currently earns and a 10 percent chance he will find one that pays $5,000 less. The expected value of moving to Denver is

Select one:

a. $500.

b. $3,600.

c. $3,100.

d. $6,200.

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