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Two - coin - flip strategy that pays off like this: HH +150, TT - 100, HT or TH +120, every day for a year.

Two

-

coin

-

flip strategy that pays off like this: HH

+150, TT

-

100, HT or TH +120, every day for a year.

Calculate the most you would pay for this strategy if you

require a Sharpe ratio of 1.0

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