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I purchase Netflix today for $1000 per share. If I believe there is a 50% chance of Netflix appreciating to $1300 in one year and
I purchase Netflix today for $1000 per share. If I believe there is a 50% chance of Netflix appreciating to $1300 in one year and a 50% chance that it falls to $900, how much do I expect to earn on average? (either as returns or dollars)
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