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I purchase Netflix today for $1500 per share, If I believe there is a 25% chance of Netflix appreciating to $1600 in one year and
I purchase Netflix today for $1500 per share, If I believe there is a 25% chance of Netflix appreciating to $1600 in one year and a 75% chance that it falls to $1300, how much do I expect to earn on average? 6.6796 8.33% 16% 12.84% 25.09%
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