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The Triple L investment club is considering purchasing a certain stock. After considerable research, the members determine that there is a 60 % chance of

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The Triple L investment club is considering purchasing a certain stock. After considerable research, the members determine that there is a 60 % chance of making $ 9,000, a 20 % chance of breaking even, and a 20 % chance of losing $6,000. Find the expectation of this purchase. The expected value is $

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