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O Points: 0 of 1 Save The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that

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O Points: 0 of 1 Save The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 70% chance of making $12,000, a 20% chance of breaking even, and a 10% chance of losing $6,800. Find the expectation of this purchase. The expected value is $

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