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Question text Suppose you have $ 2 0 0 with which you can buy shares of stock from two companies: ABC Hot Chocolate Company and
Question text Suppose you have $ with which you can buy shares of stock from two companies: ABC Hot Chocolate Company and XYZ Lemonade. Each company's stock currently sells for $ per share. If the temperature next year is lower than average, the stock price for ABC will increase by $ and the stock price for XYZ will not change. If the temperature next year is higher than average, the stock price for XYZ will increase by $ and the stock price for ABC will not change. There is a percent chance that it will be colder than average next year, and a percent chance that it will be warmer than average. If you purchase two shares of XYZ stock and no shares of ABC stock, your expected gain will be Question Answer a $ b $ c $ d $
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