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Suppose that you won the California lottery, and you were offered a choice of two prizes: (1) $5,000,000 or (2) a coin toss gamble in

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Suppose that you won the California lottery, and you were offered a choice of two prizes: (1) $5,000,000 or (2) a coin toss gamble in which you would get $10,000,000 for heads and so for tails What is the expected dollar return on the gamble? $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000

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