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You are given a gamble that you need to pay $100 to enter. It has 10% chance paying you $500, 40% chance that you lose

You are given a gamble that you need to pay $100 to enter. It has 10% chance paying you $500, 40% chance that you lose $50, and 50% chance paying you $1000. What is your expected net profit if you take the gamble? $0 $270 $400 $430

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