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The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 50% chance of

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The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 50% chance of making $13,000, a 10% chance of breaking even, and a 40% chance of losing $6,600. Find the expectation of this purchase.

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