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Jump to level 1 A risky stock sells for SI 0 per share. With probability 0,3, the stock will be worth 5 times as much

Jump to level 1 A risky stock sells for SI 0 per share. With probability 0,3, the stock will be worth 5 times as much in two years, With probability 0,7, the stock will be worth 1/2 as much in two years. Suppose you buy 10 shares of the stock and then sell the stock in two years. Let N be the random variable denoting your net gain in dollars. What is the expected value of N? E[N] 2 Ex: 9

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